The first step would be to determine which credit card is best for you. That would depend on what you intend to use the card for. Exclusively for shopping, or for travel related expenses or just for everything. This will decide which is the best credit card for you and to get the correct offers online. It is necessary to check out all the credit card offers online, to see which ios the best offer.
However, there are a plethora of cards and each offers a variety of services. The best way forward would be to go online and check each credit card detail. The banks which offer credit cards generally have the benefits highlighted on their web sites. Scroll through the site and see what each credit card offers. The card which matches your needs is the best card for you. But there may be several cards which have services which you need. How Does one select and get the best card offer. Going to a bank’s web site and checking out the credit card offers is one way of doing it. But a better way is to use the services of a site which lists various bank cards, and shows the benefits of each. Such sites offer details of credit card offers from most major banks. Checking to see which is the best one is therefore a little less tedious. Selecting the best offer is sometimes tricky. Each bank and each credit card has some inbuilt charges and restrictions. It is necessary to see what they are. This means reading the ‘small print’. Once you decide on the card, you want there are 2 ways of getting offers online. One is to go to the banks site and apply. In order to do this you will need to ensure that yu meet the basic requirements to apply. The first is that you need to be a resident of the UAE, or a citizen of the UAE. The second point is that you need to be salaried or self employed. This is basically to know that you have earnings with which you can repay the credit card debt. The third point is that income must be a minimum of 5000 Dirhams. Once you meet these criteria an application online can be made. Download the form which is on the site and fill it in, or fill it in online. Submit the form, and upload the necessary documents which are required and which are mentioned on the site itself Once this is done, wait for the bank representative to call you. They will call to verify our identity and your address. Make sure that the address you put on the form is correct, because that's where the invoice for each month will be sent. You can also request a copy online. If however you feel that applying on a third party site is more convenient for you then head for one. Once there check out the credit card offers from various banks. This is easier because these sites list all major cards. Once you have selected the card you want, the best one for you, select the card and go to the apply section. The process is similar to the one used when applying directly using the bank website. Complete the process and submit your application. To apply for a really good credit card, means that you will probably need to meet certain guidelines and conditions. If your credit rating and finances are good, it is best to find and apply for the high value cards which are offered. These cards offer a variety of special services. Some of these are important. For example cards which offer instant replacement for lost cards. This can be critical, especially if you are in another country. Services like cash back and special discounts for purchases from high end stores is also a plus. Access to VIP lounges at various airports is a plus and is a good feature. But having looked at the features it is time to look at the charges. There certain to be charges which must be carefully examined. The discounts offered on certain stores may not be the ones you use. Therefore that feature is of no use. Try to look for a card which offers discounts at establishments you use.Or better still look for credit card offers which offer discount for guide to shopping in Dubai in general. Some cards offer discounts, up to a limit on purchases. Select that card. The best offer online is easy once you have figured out your needs and also the banks charges for the services they offer. Once you apply online, getting the card is easy and quite fast. Most banks want to promote their cards.
0 Comments
A savings account is essentially an account where a part of the income is put away. Saving is essential for everyone and is the account that will prove useful when sudden expenses arise without any warning. These events may constitute illness needing serious surgery, among other things.
Savings accounts for children, however, are important for many reasons. When there is a child in the family, it is necessary to think about his or her future slowly. The child will grow up, and there will be educational needs aside from other needs. This is absolutely certain. A child will need education. Suppose from the very beginning, when the child is born, a savings account is opened, and money is regularly deposited into it, then by the time, the child grows up. There will be a cache of funds that can be deployed for the child's education. This has two advantages. Once the funds are there when they are needed, the family finances will not be under strain. The child account has been steadily funded and has a balance that could be utilised. The second and equally important advantage is that the education aspect can be planned since the parents know how much will be available in that account after a certain number of years. It then does not become necessary to see how much the parents can afford when the time comes. This often leads to a compromise in the quality of education. Having a corpus of funds saved over several years offers a convenient way out of this problem. Then there is the question of marriage, whether the child is a girl or a boy. Every parent wants to organise a grand affair, according to their earnings, for their child's marriage. Proper planning and deposits into the child's account will build up a fund that can be used for that purpose when the time arrives. This prevents a strain on the parents' finances during their child's marriage. Then there are the benefits that savings account for children offers. Banks offer special privileges and benefits for children's accounts. They include discount offers, among other benefits. The child is issued a special debit cum ATM card that the child recognises as his own. This awareness of having money in his name means that the child becomes aware of the importance of money. The inculcation of financial discipline is very important. It's a lesson that will have long term benefits. When the child reaches adulthood, he will be aware of this discipline, and this might save him from making disastrous financial decisions. Once the child is a little grown-up, he may wish to buy certain things. He must understand that he will need to save and wait for the money to accumulate. The child will understand that if he wants something, he must not spend without valid reason and must wait for the funds in his account build Parents must ensure that they do not sponsor the item desired by paying for it but teach the child to wait for it the money to accumulate. This teaches a sense of patience for the things desired. The child will learn that desiring does not mean immediate gratification. A lesson that will help him later on in his life. Financial discipline is extremely important, and teaching a child, this important fact is necessary. Having his own money teaches a child that if he spends, his money's gone. Frugality is an important lesson that a child needs to learn early on in life. Then there are benefits that banks will provide for a savings account for children. Some banks have a profit allocation system based on the funds in the savings account. And this is credited to the account. The growth in the account is a distinct benefit. It is, in a way, an income, and it makes sense to take advantage of it. The most important benefit is to the parents. A growing child will need more and more money spent on him. Every expense will increase as the child grows; savings account for children is one of the best hedges against such expenses taking a toll on the family's finances. When the child reaches his teens, there will be higher expenses for education and, in some cases, for a high-quality college or university education. If the savings in the child's account have been consistent, then the funds accumulated in that account can be used to defray such expenses. Then there are benefits that the child will see. Discounts which he can use when buying his favourite item. The fact that he can use his own account to buy makes a child feel important and confident. Some banks also offer freebies, such as free tickets to certain events. The child will feel that he has importance in this world. Overall, opening a savings account for children involves investing in the future of the child. There is no better way than to open a savings account in the child's name and show him how the thing works. Of course, adult supervision is always necessary until the child reaches a certain age. But it is a wise way to save money and gain from the special provisions some banks make for such accounts. Parents, too, gain from this. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
August 2022
Categories |