Keep track of your savings accounts with my savings accounts » Uncategorized

Instant Access Savings Accounts

Admin JHS — Wed, 21 Dec 2011 15:24:03 +0000

Having savings is important, especially now when the economy is making many families suffer. The news that thousands are using their credit cards for their regular expenses just shows how difficult things can be. Now is the time to start getting a little interest rate on money in order to help you when things are tougher for you. It is always a good idea to have a little money to fall back on if you can. You have plenty of products out there that can help you save. You always have the potential of opening an ISA where you have a certain amount you can place in the account each year for a retirement plan. You also have other savings account products like instant access savings accounts. These accounts are different from some of the yearly products on the market.

There are savings accounts where you do not have access without penalties for a year or more. These savings accounts often provide you with a higher interest rate, but the downside is you do not have access to your money. With instant access savings accounts you are able to access your account right away. This type of account allows you to access any money you put into it if there is an emergency situation or other need.

Even though the interest can be lower on these savings accounts you are at least able to access the money should things not go as planned. Consider a situation where you have less than 2000 pounds to put into a savings account and you have also started putting 100 pounds in every month. Suddenly your car breaks down and you need to get it repaired. You live far enough out of the city that you have to drive to the metro station before you can take it into work every morning. You also only have one car and your spouse needs the car. Unfortunately the repairs will be 600 pounds, but you have that in savings. With an instant access savings account you are able to access the money you need without losing the interest you made in penalty fees for accessing the account.

If you had a long term account you would probably lose most of the interest you have managed to make in penalties for accessing the account. These are some of the things you have to consider when you go with instant access savings accounts as opposed to long term accounts. Keep in mind that you can access your savings account online, transfer money for a small fee, and conduct your online account balancing with instant access savings accounts.

There are plenty of benefits and advantages to the option of instant access savings accounts. The downside is the low interest rate. Depending on your situation this can be the best way for you to get the savings and interest you need, especially right now when you never know what the economy and government may do next.

Best Credit Card Balance Transfer

Admin JHS — Mon, 10 Oct 2011 14:36:29 +0000

The best credit card balance transfer offers include the 0%. Currently Capital One is offering the Platinum Prestige credit cards. Intro APR is 05 until December 2012 on balance transfers. Intro APR is zero-percent until December 2012 on purchases. You don’t have to worry about paying annual fees, and there is 0% fraud liability coverage if your card is stolen or lost.

Other features include 24-hour travel and emergency assistance, which provides you replacement cards in addition to cash advance. You receive 24-hour roadside assistance and travel accident insurance. The rates are Intro APR at 0% on balance transfer and purchases, after the term expires you pay 10.9 – 18.9% on regular APR. There are no annual fees and fees do apply on balance transfers after the trial period expires. You must have excellent credit to apply for this card.

Credit cards are available for those with fair credit. You can apply for the Capital One Platinum card online that offers you 0% intro annual fees up to one year, and you pay $19 after this period expires. The card offers you zero fraud liability if your card is stolen or lost, and your spending is monitored. You receive free message alerts daily.

Capital One offers the No Hassle Cash Rewards credit cards to those with fair credit scores. You receive 2% cash back on grocery and gas spending. You receive 1% cash back on all other spending. A bonus is provided. You receive up to 15% cash back if you shop at over 300 stores listed by the company. There are no limits on the amount of cash you can earn.

You can redeem cash back rewards any time on any amount. You can set up redemptions as automatic as well. The Intro APR is zero until June 2012. One of the best cards to consider is the Capital One – Cash Rewards for Newcomers with fair credit. This card is designed to help you build your credit with automated reports to the three major credit bureaus. You receive 2% cash back on travel purchases, and you can earn 1% back on all other purchases. There are no foreign transaction fees or annual fees. Once this offer expires, you will have to pay up to 24.9% on APR and a fee applies to all balance transfers. This is a high interest rate, so compare this offer to other fair-credit deals.

Household Bank Rewards offers the MasterCard with 0 intro APR and after the offer expires you pay 19.90% interest. Annual fee is 0 to $39 and balance transfer fees apply. This card does not offer you a solution to re-establish or build your credit. Be sure to check out best credit card balance transfer offers online.

Keep track of your savings accounts with my savings accounts » Uncategorized

Instant Access Savings Accounts

Related posts

Best Credit Card Balance Transfer

Related posts