Travellers cheques. Remember them? Cue confused expressions from anyone under 25. You may be surprised to hear that some banks still offer these cheques, which can be exchanged when you go abroad for hard currency (though you’re limited to just six of the major currencies). Fortunately, this outdated mode of currency exchange has now been usurped by something more secure, cost-effective, and widely accepted in countries around the world. Say hello to the multi-currency card. These cards are equipped with chip-and-pin protection, and behave just like a typical bank card – although the card is not tied to your current account. Instead, you can top-up your balance online – similar to pay-as-you-go mobile phone contracts. While currency cards are a relatively new invention, there are already several popular players in the market – a sure sign of the demand for a modern alternative to the travellers cheque. So if you’re shopping around for one of these cards, … [Read more...] about What travellers should look for when shopping for a currency card
3 fee for each balance transfer
Net spend, defined as the difference between money earned from player sales and the money spent on new recruits, is among the most-discussed topics of conversation among Liverpool fans. A sum of £75million was spent on Virgil van Dijk in January, for example, a world-record fee for a defender, but the Reds also cashed in on Philippe Coutinho in the same month, cancelling out that fee and then some. The thought process is simple: spending equals success. As Liverpool aim to progress one step further and go from top four members to title challengers, more arrivals are understandably perceived as potential catalysts. More recruits are set to follow Fabinho and Naby Keita in the coming weeks, the two reinforcements Jurgen Klopp has already brought in, with it highly unlikely there will be any high-profile, big-money departures. Reports of Sadio Mané leaving for Real Madrid prior to the World Cup were dismissed out of hand, while Mohamed Salah and Roberto Firmino have secured … [Read more...] about The impact of Liverpool’s net spend & what it means for title hopes
BARCLAYCARD will give new credit card customers £20 cashback when they move their debts to one of their balance transfer card. But whilst cashback is always good news, you may want to weigh up whether the deal is worth it before taking the plunge and switching. Credit cards are a great help when it comes to paying for those big purchases - but if the balance has been on it for a while, the chances are you're racking up lots of interest which you may be struggling to pay back. Transferring the debt onto a 0 per cent interest credit card instead means your monthly repayments will be going towards paying off the debt, rather than on interest rates. "If you’re being charged interest on your credit card debts, a balance transfer could help you get a lower interest rate, or give you a break from being charged interest full stop, for a set period by moving what you owe to a new card," says Martin Lane, from money.co.uk. The cashback offer on the Barclaycard is on the Platinum 25 … [Read more...] about Barclaycard will PAY you to transfer debts to balance transfer credit card – but is it any good?
IT'S fair to say Brits' love affair with plastic shows no signs of ending. Millions of us don't think twice about reaching for our credit card for everyday spending or splashing out and putting the summer holiday on it. In total, we've got an eye-watering £61billion in outstanding card debt but what about when the bills finally come through the letter box? There are increasing concerns that Brits are carrying too much debt with watchdog the Financial Conduct Authority (FCA) warning that five million of us are struggling to to clear their debts. But there is a way you can cut the cost of your bills - potentially by thousands of pounds - and interest payments by switching your debt to a balance transfer card. There's a few things you need to be aware of but if you use them properly, they can make a real difference to the cost of your debts. Here's what you need to know about how you can save thousands of pounds. What if you could get a credit card that helps you pay off your debts? … [Read more...] about The easy way you could save THOUSANDS when paying off your credit card
ALREADY dreaming of getting away from the British winter and heading for the beach? If you're going anywhere abroad, it pays to get a specialist travel credit card - if you don't you could be hit with various hidden charges when you're getting a bit of sun. Why can't I use my normal credit card for spending overseas? You can - but if you do it's likely you'll be hit in the pocket with fees provider's charge you for using it overseas. There are lots of different fees but the major one to look out for is something called a "non sterling transaction fee." This will typically add anything between 2.75 to 3 per cent to the cost of any purchases you make when abroad, money expert Andrew Hagger told The Sun Online. You shouldn't withdraw cash on a credit card unless you have to - at home or abroad - but if you do on a normal credit card you'll also face more fees if you take money out of an ATM and be charged additional interest straight away. With travel cards, you can avoid these charges - … [Read more...] about Best credit cards for holiday and spending abroad