A joint bank account can be a convenient way to track your spending, whether you live with flatmates, your partner or if you're about to start a business. But opening one is not a decision you should take lightly, as it could affect your credit score and financially bind you to someone. Here's what you need to know. What is a joint bank account? A joint bank account is one you share with at least one other person. This can be your partner or spouse but you might also want to share it with your flatmates and business partners to manage your expenses. For example, joint banking could make it easier to pay your bills, your rent or mortgage or budget for food bills. What are the risks of joint bank accounts? Sadly, the convenience of a joint account also comes at a price. Joint accounts create a financial link between you and any other account holders. All transactions will be able to be viewed by all account holders, so you'll lose your privacy. You'll also be jointly … [Read more...] about How to find the best joint bank accounts for couples, housemates or business partners
Best rewards business credit card
There are a number of rewards credit cards out there, and each seems to offer the user something different. Some offer points rewards that you can spend in their online store or trade in for discounts. However, two of the most common types of rewards are frequent flyer points or travel rewards and cash back rewards. How do you decide between these two types of rewards? By asking yourself a few simple questions. How much do you travel? This may seem like an obvious question, but the simple answer is if you don’t travel that much, frequent flyer mile rewards may not be nearly as beneficial to you. If you often travel by car, they also may not be worthwhile. However, if you do travel frequently by air, getting frequent flyer rewards points, especially for other types of purchases you make besides travel, can be a great benefit and save you money in the long run, more money than you might make from cash back rewards. What kind of travel do you do? Do you travel for business or for … [Read more...] about Frequent flyer points, travel or cash back rewards, which one is best for you
Be honest, how many loyalty cards do you have stuffed in your wallet or purse? Probably quite a few. But just because you carry them around with you,doesn't mean you actually use them or know how to make your business loyalty work for you. There are an estimated 14 trillion loyalty points unclaimed by airline passengers who neglect to redeem, the Mirror reports - which probably isn't that shocking considering how confusing some schemes can be. To make things a little easier we've tried to break down all you need to know about the nine best reward schemes out there. Nectar card, Sainsbury’s You get one point for every £1 spent at Sainsbury’s, but with a Nectar American Express card it is two points for every £1 and up to four points per £1 with the supermarket. Nectar points don’t expire unless an account is inactive for 12 months. But in a new trial customers will get larger rewards the more they shop at Sainsbury’s, as well as bonus points for … [Read more...] about Is your loyalty card one of the best nine schemes?
AIRMILES can make saving for a trip that bit more easy money-wise. Airmiles, which is also now known as frequent flyer miles or Avios, can be a great way of using day to day purchases to save on flights - here's the lowdown. How do Airmiles work? Airline miles, also known as frequent flyer miles, travel points or Airmiles, are part of a loyalty program offered by certain airlines and credit card companies. Those signed up to the schemes usually accumulate a set amount of miles based on how far they fly or how much they spend on their credit card. Check with the airmiles company you are signed up to see which brands and stores you can gain airmiles through purchasing with. The miles accumulated via this flying or spending can then be used as payment towards future tickets. Is it worth getting an Airmiles card? Air miles credit cards are good for those who: Spend a lot Are a regular traveller Are flexible (availability of flights is more restricted when redeeming miles) If you fit … [Read more...] about Why should I use Airmiles? From Virgin to BA to Avios here are the best Airmiles credit cards and loyalty schemes
When Amazon.com Inc. splashed out $13.7 billion last year to buy Whole Foods Market, there were myriad reasons for traditional supermarkets to feel threatened.High on the list of fears was that the e-commerce juggernaut would do what it had done many times before: slash prices aggressively to grab market share. Indeed, in August, Amazon cut prices on a selection of staples such as bananas and eggs and said more cuts were coming, a hint it was using this familiar playbook. But roughly seven months after the Whole Foods acquisition closed, it's hard to argue Amazon has gotten very far in knocking down the grocery chain's "Whole Paycheck" reputation.Analysts at Gordon Haskett Research Advisors have been periodically checking prices on a basket of more than 100 items at Whole Foods. Their latest study found that the price of the basket in March had barely budged since their last check in November, falling just 0.1 percent. The price of the basket is down a modest 1.2 percent … [Read more...] about Amazon Hasn’t Exactly Blown Up the Grocery Business Yet