“Latest Articles written by Rachel Wait”
“Articles Edited by Rachel Wait”
If you have poor credit or your business has yet to build a credit history, it's worth looking for a business account that requires no credit check. Thanks to the rise of challenger banks, there are now several online providers that offer business bank accounts without a credit check. These are designed to help businesses […]
Did you know you can earn points for using a rewards credit card? Yes, you can earn points, vouchers and even cashback with different types of rewards cards. If you're a keen traveller, you might benefit more from a travel reward credit card, often known as an air miles card. You can earn points for […]
Student life can be expensive. Not only do you have to worry about high tuition fees, but you also have to take accommodation, food, socializing and other living costs into account. The right student account can go a long way in helping you reduce your outgoings. But which are the best bank accounts for students? […]
Best Bank Accounts for International Travel in 2024
If you regularly travel abroad, making sure you don't get hit with hefty foreign transaction fees every time you spend on your bank card is crucial. With travel being easier than it’s ever been, and continental Europe right on our doorstep, it’s important that you have a bank account that keeps up with your travel […]
Credit cards are a great financial tool for building credit scores and are ideal for spreading the cost of purchases. There are over 60 million credit cards in circulation in the UK, and it's only natural that you may need one. If you've got bad credit score or no credit history, you may find it […]
One of the biggest benefits of applying for a credit card as a young adult is that it can help you to establish a credit history. This can be crucial if you want to apply for other types of credit in the future, such as a loan or a mortgage. However, it's important to consider […]
Can you really secure a business credit card in the UK with no credit check whatsoever? Unfortunately, the answer is no. All business credit card providers have a duty to check that you can afford your monthly repayments to ensure they lend responsibly. Therefore, some form of credit check will be carried out before you […]
If you earn a high income and have an excellent credit score, you might qualify for a credit card that offers a higher credit limit than standard cards. This means that rather than having a credit limit of say, £2,000, you might be able to take advantage of a credit limit of £12,000 or more. […]
Have you been searching for a convenient way to make purchases immediately, without waiting until payday, or are you looking to build a credit history? A credit card could potentially be one of the best options to help you achieve either of these goals, but with so many cards to choose from, how do you select […]
Are you looking to make the most of your savings? There are ways you can make the most of your spare money beyond just a standard savings account. An Individual Savings Account (ISA) lets you earn tax-free interest on your savings. There are four main types, each with its own benefits: cash, stocks and shares, […]
Best Joint Bank Accounts UK in 2024
There are many reasons for having a joint bank account. Whether you’re living with your partner or in a shared house, having a joint account can enable you to pool together your funds for things like rent or household bills. There are many different banking options out there, and it’s important to have a solid […]
Best Business Bank Accounts in 2024
As any small business owner knows, keeping your costs down is essential. There will likely be many different services you'll need to pay for, and you'll want to make sure each one is as cost-effective as possible. Your business bank account is no exception. Whether you’re just starting out or looking to get a better […]
The UK government introduced the Lifetime ISA in 2017 to help first-time buyers get on the property ladder or save for retirement. In this article, I'll explain the basics of Lifetime ISAs, including how they work, how to open one and who offers them. What You Need to Know About Lifetime ISAs What is a […]
Business credit cards offer a flexible way for businesses to get access to cash, whether that's to help them cover unexpected bills or pay for essential items. Managed well, business credit cards can also help you to build a business credit rating. To choose the right credit card for your business, you'll need to look […]
Best Online Banks in 2024
Digital banking has grown massively over the last few years and has overtaken many traditional current accounts offered by banks such as Barclays, HSBC, Natwest and Lloyds. Many challenger banks have jumped at the chance to impress customers, offering attractive app-based and online banking options which use the latest technology, from accounts offering real-time spending […]
With more than 6.8 million customers in the UK, Revolut is one of the country's best-known Neobanks. Popular features include cashback on purchases, colourful cards and competitive interest rates — as well as low-cost transfers to more than 160 countries. The “global financial super app” first launched in 2015 — and the company says it's […]
Whether you're someone who tends to travel a lot, a frequent online shopper, or even just someone looking for a slightly more modern alternative to whoever you currently bank with, Revolut definitely has a lot to offer. Despite being a relatively new company, founded in 2015, this is a service you should be paying attention […]
If you have a lump sum to invest that you don't need to access any time soon, a fixed-rate cash ISA could be a good place to stash it. Cash ISAs are tax-free accounts, which means you don't pay tax on any of the interest earned. Just keep in mind you can only invest up […]
Have you been looking for an account you can use to accumulate savings and manage your money more efficiently? If you need to grow your money quickly and reach your savings goals, there are a number of different types of savings accounts to help you. Notice savings accounts are one of these and offer a […]
If you run a business, a business bank account is the best way to keep your business and personal finances separate. Most UK banks require the director of a business to be a legal UK resident. Still, there are alternative options to high street banks that will help you manage your business finances if you’re […]
If you're considering expanding your business by starting to operate internationally, you may be wondering what you need. Your traditional business bank account might not have the right features or the fees might be too high to start trading internationally. In this case, you could be better off looking for a multi-currency account. Multi-currency or […]
The thought of having to switch your business bank account can be pretty daunting, and that's understandable given that it's the hub of all your business's finances. But your business needs will likely evolve over time and that means it can pay to switch to a business bank account that better meets those new requirements. […]
Payment apps make transferring money to others a lot easier. You can transfer money to another bank account in a few minutes simply by accessing an app on your smartphone. Most payment apps allow you to transfer money internationally, too. With today's technology, you no longer have to collect bank account details to send money […]
Making payments to foreign suppliers and consumers can be a headache for any company. Some business bank accounts might not permit foreign transfers, while others that do might charge high fees. However, with the rise of challenger banks, there are now many online providers that offer multi-currency business bank accounts and low-cost international transfers. […]
So, you are ready to launch your new business, but have you thought about everything you need? Business bank accounts can become overlooked once you start to focus on product development, marketing, and start-up costs. However, opening a business bank account can offer a range of benefits and help you keep track of your business […]
It's much simpler to keep track of corporate spending when it's kept separate from personal transactions. You'll have complete visibility over what's been spent where. Using a business expense card is one approach to keeping your personal and professional spending distinct. At a Glance, Pros and Cons Let’s look into the pros & cons of […]
Certain savings accounts are designed to encourage you to save regularly. With these regular savings accounts, you'll usually be required to pay a set amount into your account on a monthly basis for a period of one year. In return, you'll receive a competitive rate of interest on that money. This article will help you […]
There are many reasons why you might want a credit card, but it can be harder to get accepted for one if you have poor credit or no credit history. Whenever you apply for credit, there will almost always be a credit check so the lender can see your credit report, credit history, and credit […]
If you use your credit card regularly and always repay the balance in full, a rewards credit card is worth considering. Many reward credit cards have unique advantages that cardholders can benefit from, including supermarket loyalty points, air miles, and cashback. When selecting the best rewards credit card, UK customers need to carefully consider the […]
You can start investing in your child's future and teaching them the value of saving early on by opening a children's savings account. There are a number of different types of children's savings accounts on the market, so you'll need to consider what works best for you. How much can be saved, minimum age requirements […]
Simply explained, for any Brit, an offshore savings account is one that is not located in the United Kingdom. It's easy to picture jet-setting billionaires hiding their cash in offshore banks to evade taxes, but that's not usually the case. Expats and other international workers are the most likely to use them. Lloyds Bank International […]
If your company is in the fortunate situation of having surplus cash, rather than debt, choosing a competitive savings account to house that money will enable you to earn interest on it. Business savings accounts work in a similar way to personal savings accounts and can be a great alternative to business bank accounts that […]
There are lots of benefits to having a business account and for startups and account switchers who would rather not incur monthly or annual fees, a free business bank account might be the answer. Because there are no ongoing monthly or annual charges, and no fees for opening the account, we refer to this account […]
If you're just starting out as a business, you might be thinking about opening a business bank account. In which case, you'll want to know which type of account you should open. A decent business bank account can provide you with a range of tools to help you manage invoices and even help with your […]
If you're a sole trader, your business isn't legally separate from you, which means there's no requirement for you to have a business bank account. There are a number of reasons why opening a business bank account can be beneficial. Perhaps most importantly, separating your company and personal finances allows you to better track your […]
If you own a small business, it's often hard to keep track of the day to day expenses, especially if you have employees who are buying and selling items. One option is to give them company credit cards, but there is a risk here that they could spend more than planned. If you're looking for […]
If you want to be able to access your cash whenever you need to and without notice, an instant access savings account could work for you. Instant access, or easy access, savings accounts are a popular type of savings account and can be a great option if you want to be able to pay funds […]
Staying loyal to your bank rarely pays, and if you haven't switched your current account in a while, you could be missing out. Some banks are currently offering up to £200 in cash if you switch to a current account with them. Others offer rewards such as cashback or even interest on your balance. So […]
If you want to start investing, a share dealing account can be a great way to do so. The challenge comes when you need something that isn’t part of the ordinary. For example, most share dealing accounts are set up for the use of an individual. But what if you own a business or perhaps […]
When a book becomes a bestseller, the author may get their novel “optioned” as a movie script by a production house. The studio has a certain amount of time to purchase full rights – until then, the studio has “first dibs” because it paid for the option. Roughly speaking, this is the same way that […]
If your application for a regular bank account has been turned down, you might find it easier to get accepted for a basic bank account. Basic bank accounts can be a great choice for someone who has never had a bank account or doesn't have much of a credit history. They are also easy to […]