Best student credit cards for September 2020

Whether students are on campus or homeschooled this fall, there are still a lot of costs to return to school. And when checking accounts are no longer available, many of these purchases must be debited to the credit card. But it’s not always easy for a student to get one – especially if they don’t have a steady income.

The reward is a catch-22: important to have but hard to come by – unless you already have one. Student credit cards solve this puzzle by providing options for those with a limited credit rating. Credit card companies take the plunge in the hope that most students will work full time and remain profitable customers for years.

Most credit cards require applicants to have a good credit rating (around 650 or more) and at least several years of credit worthiness. However, you don’t need one to get a student credit card, although some evidence of experience and financial responsibility will help. The publisher checks income sources – including from part-time jobs or parental savings – as well as information on checks and savings accounts to get an idea of ​​the applicant’s savings and expenses.

Apart from the lenient eligibility requirements, the best student credit cards offer the following features:

Special rules for new loans as a minimum late payment fee and no APR penalty
Lower credit limit – usually between £ 500 and £ 2,000
Cashback price
“Fair” APR – usually between 15 and 20%
We have evaluated 19 credit cards offered specifically for students. We have selected four cards that stand out on a number of criteria including APR, credit approval, cashback rewards and easy eligibility requirements. Check out our photos below, as well as some answers to frequently asked questions about student credit cards at the end of this article. We will update this list regularly.

How do student credit cards work?

Student credit cards offer individuals with limited or no credit the opportunity to start building a credit history. They usually have a lower credit line than regular credit cards and have no annual fees. And they often have features that are useful for beginners, including delaying payments, increasing credit limits over time, and resources for credit training. Compensation amounts can be lower than standard refunds and travel credit cards, making student credit cards a lower risk and financial instrument for compensation.

Is a Secure Credit Card a Good Choice for First Time Credit Cardholders?

Secure credit cards provide a way to build or repair credit. However, they are more suitable for people with bad credit ratings than non-credit ratings. Secure credit cards also require prepayment of your credit limit. For a £ 1,000 loan, you have to give the bank £ 1,000. In fact, the bank will return the money on your own – sometimes for an annual fee or high interest rates. If you have no other options, a secure credit card can be used. However, this shouldn’t be the first choice for a starter loan.

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Netflix for Tesco,Asda England, is evolving into a subscription society

Today, the economy is growing from a subscription fee of £ 323 million, data show
Most of the homes are registered for a regular subscription service
They became more popular during the blockade period

With more households signing up for streaming services like Netflix and ordering food during the blockade, Britain is now being called a “subscription society”.

Households currently typically spend £ 552 a year on registration services, according to new data.

According to a study by Barclaycard Payments, the subscription economy grew to £ 323 million, with businesses using the model increasing.

About 65 percent of households signed up for regular subscription services with an average of seven household contracts.

This study examines retailers and consumers about the increasing dependence on digital subscriptions and direct subscriptions.

He found that the steady surge in popularity led to 22% of UK retailers developing a subscription service or product during the blockade, adding to the 28% who already offered the service.

It’s no surprise that business is on the rise, with digital service and subscription costs rising 39.4 percent year-on-year in July.

The study found that Britons spend an average of £ 46 a month on subscriptions.

Entertainment subscriptions are the most popular, providing essential home activities when options elsewhere are limited.

Grocery and grocery subscriptions – such as wine tasting kits – are the second most accepted, while health, fitness and grooming services are also trending.

1 conversation
2 meals / meals
3 technology
4 beauty / makeup
5 health
6 fitness
7 books / literature
8 alcoholic drinks
9 handicrafts
10 snacks and snacks
Source: Barclaycard Payment
Crafts, books, and liquor also made the top ten.

Men topped the customer list, allocating an average of £ 57 per month – equivalent to £ 684 per year – compared to £ 35 – £ 420 per year for women.

About 82 percent of retailers believe subscription services will grow in popularity during the blockade as Britons use safe and convenient ways to get everything from essentials like groceries to entertainment in their homes.

In April, when the country was completely blocked, spending on digital content and subscription services rose 50.2 percent a year, indicating that it is dependent on this model for longer periods of time at home.

To maximize this growing revenue stream, 10 percent of retailers launched their first subscription service between March and June 2020.

In these uncertain times, 75% of retailers believe subscription services are a more reliable and predictable source of revenue for a one-time fee model.

The main reason users sign up for a subscription is for great content and convenience, and 25 percent say this feature is important.

About 48% say a personalized offer is the reason to sign up and 51% say finding a new brand or product is also important.

Campaign spokeswoman Mary Portas added: “Even before the pandemic, subscriptions were an essential tool for UK retailers, helping companies stay agile and get their product or experience straight into their customers’ homes.

“Due to the long embargo, people have become accustomed to a variety of products and conveniences that make them often surprised and amazed by the brands they care about.

“As a nation, we face the challenges of our lives, we are in a precarious financial situation, we are facing a recession and have many predictions for more difficult times ahead of us.

“We must remember that companies in the UK have always been known for their ingenuity and ability to determine customer needs.

“Now that more people are shifting to the subscription economy, we have more evidence that retailers are willing to try new things to find untapped revenue streams.”

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Secrets to selling a home during lock down

Selling your home and moving to a new home can be fun, but it can also be expensive and stressful.

To help homeowners looking to sell their property, Admiral Home Insurance has partnered with experienced real estate agents to share some of their trade secrets.

“Even though we all want to hurry home, it can be an overwhelming experience – whether it’s your first time selling the house or you’ve had one before.”

10 secrets to selling (and buying) homes

  1. Debug, keep it neutral, and invest small for big profits
    “I sold the house at full price after it hit the market because we changed the color of the kitchen from blue to magnolia!” And it only costs £ 40 to carry out the transformation. It’s good to invest a small amount of money to see a big difference and sometimes enough to get the deal you want, ”said a senior director from Essex with over 22 years of industry experience.
  2. Do some research before choosing a real estate agent
    “If you look at the various agents selling property in your area, you will see what the agents are doing well. The number of boards sold is distribution,” said the owner of the Suffolk Real Estate Agency.
  3. Avoid disputes with the seller about agency negotiation fees
    The CEO of Essex advises buyers to pay attention to VAT as some real estate agents may not include this in their original number. He said, “Always think – and ask – will there be 20% on everything he’s going to offer me? Otherwise, the final bill might surprise you.”
  4. Get the price right
    “Remember, more people equals more offers, which puts you in a better position because you have more to play for,” explained one Essex senior director.

“Put your property on the market at a really good price so you can attract more people. This is much better than having an overpriced property on the market and then cutting it down.
It’s worth it because you don’t have enough people wanting to see it. “”

  1. Know when to accept offers and when to wait
    “If you own property on the market and, for example, open your first home and receive an offer, wait at least two weeks before accepting an offer,” said the senior director of Essex.

“Agents should always be there to tell you how strong the market is and how things will determine whether a property will still get a favorable response from buyers.”

  1. Communication is the key to a successful relationship with your real estate agent and faster sales
    Current Suffolk real estate owners advise, “There’s nothing worse than not being able to catch up with a salesperson when needed. You need to be on the phone and on the other end of the line if you want things to move fast.”
  2. Shoppers are looking for more green spaces and home offices after COVID
    Adds Dorset property owners, “By staying indoors when they close, they think about the space they have or don’t have and increase the importance of garden space for people to notice.” Renew and expand the outdoor space and access to fresh air.

“In addition, office and office space are now seen as important when people are working from home. This feature is clearly at the top of the buyer’s agenda.”

  1. Book books when the sun is shining and school is going on
    “The best time or day to book a tour depends on where you are,” explains a Dorset property owner. “If there are certain times in the park where the sun is hotter, you should try to fix the gaps for that time.

“If the house is close to the school, you should not do any inspections when there is a possibility of heavy school traffic.”

  1. Basic Considerations for Buyers
    One Suffolk property owner advised, “If you are a buyer, register yourself with any real estate agent covering the area where you will be moving. It’s important to have a memorable conversation with the agency and explain exactly what you are looking for and why.

“Keep in regular contact with them and don’t forget to take the phone when they call to let you know about the property.”

  1. Best tips for buying a house
    When it came to the long-running war, a senior Essex director said, “You shouldn’t let your heart rule your pockets. You have to stick to your budget. Agents have to spend between £ 5,000 and £ 7,000 from the interviewer’s estimate to be.” “
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Video conferencing company Zoom shows how it was cashed in during the coronavirus lockdown

Zoom’s virtual test and party may be out of date, but on Tuesday the video conferencing company will reveal how they made their money during the lockdown.

The California-based company, founded by entrepreneur Eric Yuan, is set to post increasing profits as stocks reach new heights. Many companies continue to use the software while employees work remotely.

Zoom is expected to show a triple gain to £ 62 million in the three months to July, compared with the same period last year after soaring popularity during the coronavirus crisis.

Sales are expected to be around £ 370 million – an increase of about 240 percent.

Friends, family, and coworkers use Zoom calls to stay in touch as countries around the world implement lockdown measures.

The company is paying to use the software, and Zoom hopes to convert more subscribers who use the free service into paying customers in the future.

The company sailed on the Nasdaq in April last year for an estimated £ 7 billion. But stocks rose to new highs last week, valuing the company at £ 63 billion.

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