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Lisa C. Townes

How to Spend Avios Points – Easy Guide to Redeem

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Flights, hotels, upgrades, travel experiences, and car hire: there are hundreds of ways to redeem points. Do you have Credit Card & Earning Rewards? If not, You can apply to get the best of the best Avios credit card to get all features.

Use Avios to Book Flights

Thousands of offers available every day to book flights with British Airways, Aer Lingus, or Iberia. There are so many choices, depending on where and when you want to travel. 8,000 Avios points can get you a return flight to Paris by Aer Lingus.

For 17,000, you will have a return flight to the Canary Islands and if you will save 26,000 points, you can have a return flight to New York.

Wisely spend to book flights that cost only 4.5k with flight fees. Use Avios points to intend yourself at the destination under the Avios Travel Reward Programme.

Invest your 13k Avios points to fly from Eastern U.S airports and remember this flight would be one-way.

British Airways Distance-Based Award Chart

Use Avios to Book Hotels

Book over 100,000 hotels around the world; you can book any hotel from boutique independent hotels to major chains. Every hotel has its own redemption chart. So, it’s important to know which hotel has easy earning of Avios points and which hotel is not flexible to earn.

Some hotels in North America offers reward nights, starting from 5k points per night and also there are some hotels which offer each reward night starting from 30k rewards and 2 free nights at any hotel in a year.

To spend wisely first you will have to clear that which hotel reward points you will begin with. And this clearance should always be considered before travelling, look at which hotel your credit card earn bounces.

Earning through Dining is also a big deal. You can also earn and spend your Avios points while Dining with your partner. Don’t need to ask the waitress or waiter just to use your Avios Credit card to pay the restaurant bill and earn more points and rewards.

One Way Flights Between Huawei to The US

12,500 points are large enough to take a one-way flight from Huawei to America and save your cash to buy expensive tickets from the USA. Many International airways including Alaska and America airlines allows turning redeemed points to top class flights that is the greatest way when having no cash to fly.

Use Avios to Hire a Car

You can use to pay for quality car hire from international airports worldwide and can make payment by your card that will save your money for the off-the-beaten tracks you’ll discover.

In UK generally come up with very expensive car rentals. You can pay an extra sum to get rid of it. The only and affordable option is to use your Avios points to manage policy. It would cover your total balance within 56 days for rentals each year, annually it costs 1000 Avios points.

For example: if you pay £60, you’ll get 300 Avios points (0.58p per Avios points). This option is helpful only when you are Avios rich and a cash-poor person. And it is really better than buying from a rental company.

Use Avios Points in Flight Insurance

Flight insurance means to secure your flight. To ensure your flight you will have to pay some charges ranging from £0 £to 150 that will give you huge benefits. It will provide you with 24-hour emergency protection and assistance if needed.

It also insured your children under 4 without any hidden costs. They can be used to cover up multiple worldwide trips up to the maximum age of 74.

Redeem on Worldwide Activities & Experiences

Take a world tour and can experience everything from whale watching to the Great Wall of China. Check flight map and start exploring the world. You can Spend 1 Avios point to get 0.5% back if going with reward flights. With millions of offers every day, there are billion of places around the world to use Avios.

Use Avios to Upgrade Flight

Travel in style by using points to upgrade tickets from economy to business class which will give you a fully lie-flat seat and comfortable dining. The required amount of Avios to upgrade your ticket varies by date of travel and route.

10 Best Entrepreneurial Skills and Characteristics – Want to Be?

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Starting a new business is always full of excitement and needs Entrepreneurial Skills and Characteristics. There are lots of expectations and emotions involved in investing in a business. But a newbie has to be careful as handling a business needs skills and clarity of mind to pass through different phases of business & properly set functions…

There are 10 characteristics of an entrepreneur, which can be really helpful for people planning on a startup.

These entrepreneur personality traits help to deal with problems faced by entrepreneurs in the business cycle. These skills of an entrepreneur can be developed with practice, patience, and guidance.

10 Entrepreneurial Skills and Characteristics

EntrepreneurManager
Finds opportunitiesAvail Opportunities
InitiativeCalculates Everything in Numbers
Takes RisksAvoids Risks
Multiple InvestmentsZero Investments
Thinks of Good ProfitThinks of Good Salary
Entrepreneurial Skills and Characteristics
EntrepreneurBusinessman
Market Creator / Need CreatorFind Solution to Existing Needs
More Risk TakerFewer Risk Taker
Finds Low Competitive MarketEnters an Already Competitive Market
Long Term ApproachRegular Profit Approach

Enthusiasm in Business & Real Life

Not only business, everything in which you have an interest works better for you if only you have passion combined with your interest. This is one of the characteristics of entrepreneurs which keeps them one step ahead of their competitors. Some people just start a business with the main focus on income generation.

But this is a huge mistake because only passion can drive you to work for the success of your business. Money and prosperity of your business are interrelated with the importance of enthusiasm which is the driving force for you to strive hard.

Entrepreneurial Approach

Starting a business without any sound knowledge of market trends and failure can cost you a fortune. A successful businessman possesses the entrepreneurial skills and intellect to follow up with these trends.

Jumping into the market without any survey can end up in the failure of your startup. Entrepreneurs, who run successful businesses, will tell you about the importance of having a business strategy and market orientation to stay in a race for a long time.

Time Management Skills

In business, the right time makes a whole difference and keeps you prominent within your circle. A successful businessman follows the right timing, understands partnership disadvantages, and does not rush into partnerships and deals which can damage the credibility of his brand.

An entrepreneurial skill that really makes a difference is the use of the right time for investments along with understanding the Difference Between Sole Proprietorship and Partnership. He values his money and knows how much time and money he needs to meet his goals. Therefore, he better understands when to go for a partnership business and when to go for a sole proprietor or invest it somewhere else.

Realistic Life – Not a Day Dreamer

Newbie really needs to follow this trait to keep up their spirit. Most startups are being established with this sense of achieving success overnight.  A businessman knows that only realistic goals can pave his path to accomplishment. An overnight achievement is a dream which is not the case with business.

Not only entrepreneurial skills but realistic goals make an entrepreneur successful. Successful entrepreneurs know their weaknesses and shortcomings and do not rely only on themselves but keep on expanding their circle. They make connections with more experienced people and find out specialized workforce to grow their business.

Flexible Attitude

Among many characteristics of a successful entrepreneur, flexibility counts more as it is directly related to customers and market behavior. Customers have their interests switch from one thing to another. A businessman knows about the preferences of their customers and market needs which we can surely count as an entrepreneurial skill.

Remember, not only your passion but compliance with customers’ preferences and the market’s changing trends will make your business prosperous.

Risk Taker

Taking risks is an important Entrepreneurial Characteristic. In business, one has to make decisions that can be risky but still has to take them. Being fearless is an entrepreneurial skill, which makes him undefeatable among his competitors.

  • Are you ready to take a risk by doing an experiment to try something new in a market?
  • Are you capable of handling pressure if something goes wrong?
  • Are you ready to take the risk with your money and time?
  • Are you smart enough to evaluate the risks and optimize the valuation?

Product Knowledge

It happens that most people start a business depending on the product’s popularity in the market and have no knowledge of their own. But this differentiates a successful entrepreneur from a newbie. He knows what he is selling and what his competition in the market is.

Knowing the market and product is an entrepreneurial skill that one must possess. Lack of knowledge in understanding the role of psychology in business, changing customer behavior and product optimization in the market is something with which an entrepreneur cannot take a risk.

Team Leadership Qualities

Talking about the characteristics of an entrepreneur, and having not discussed leadership skills is not justice. A successful entrepreneur is never afraid of taking a lead and selecting a team that is capable of the assigned duties. He knows how to utilize the skills of employees and is smart enough to effectively communicate, assess the capabilities of his staff & perform the right Human Resources Management Functions.

This trait, alone sometimes determines the future of a startup. Sometimes you have to make decisions in business, which involve risk and which demand clear judgment. Here, an entrepreneur will follow his decisions promptly but with ease of mind. This takes confidence to take responsibility for any outcome and he demonstrates his skills with unwavering confidence.

Capital Management

Any entrepreneurial venture is not possible without capital. There are a few methods to be with no investment. Generating profit from a business activity is a time-consuming task. Therefore, a wise and successful entrepreneur knows the importance of money in business. He/she not only carefully plans the finances but also sets aside additional capital for an emergency because it is an important facet of successful entrepreneurship.

Preparedness

Starting a business does not only require entrepreneurial skills but planning at the initial stages is mandatory to minimize risk and optimize valuation.  Business is not all about jumping into a sea of uncertainty and going with the flow. An entrepreneur has this characteristic that he knows how to use his limited resources to expand his business outreach.

Remember, all successful entrepreneurs start their setup with a business plan to address every possibility in the future. Stay ready to take your first step but do not overwhelm yourself with the fear of failure.

Stating all these characteristics of successful entrepreneurs, check it with your gut if you think you have the entrepreneurial skills necessary for a business to grow, then go ahead. Until and unless you will have this fear of failure, you are not going to achieve your dreams.

Santander Credit Card Activation Full Guide – Step to Step

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Santander is UK based bank offering accounts, credit & debit cards, insurance, loan, mortgage, and investment opportunities. It provides a vast range of credit cards which include: Everyday Credit Card, All in one, World Elite, and Zero Credit Card.

Each of the card has different benefits to consumer & £0-£15 monthly fee.

Before you Apply

Say no to Interest

I or you or even any multi-millionaire in the world will not be willing to pay extra than consumed amounts. Bank Cards give short-term loans for a limited period. Yes, it is both with zero interest & high interest. It totally depends upon your payment decisions.

If you pay your credit card bill within 56 days of purchase, you are free to pay only consumed amount but you will be charged interest on a daily basis after the 57th day. Do it before time to build your better credit score.

Although, there is no interest-free period on balance transfer & ATM cash withdrawal transactions. Paying full credit on time can save you from extra overload.

Santander Charges for Using Abroad

Credit Card

Non-sterling Fee

for purchases

Non-sterling

Fee for cash withdrawals		Cash
withdrawal
Fee
All in One0%0%3%
(min £3)
Everyday2.95%2.95%3%
(min £3)
Zero0%0%0%
World Elite
Mastercard®		0%0%3%
(min £3)
123
(no longer
on sale)		0%0%3%
(min £3)
All other
Cards		 2.95% 2.95%3%
(min £3)

Late Payment Charges

Bank charges are £12 flat on late payment. You are free to pay the minimum payment mentioned in your card bill. You can pay using the phone, post, online banking, and through branch and direct debit option

Auto Payments

It can take credit card bill payment automatically from your account with Santander group.

Steps to activate Santander Card

activate santander card

Activate Card by Call

Simply Dial 0800 9 123 123

Activate with Online Login

Online Banking is valid across your current accounts, savings, credit cards, Flexible Offset Mortgages, and Cash ISAs. You can Log on any time to:

  • Make payments
  • Check balances
  • Set up free email and text alerts
  • Manage your savings
  • Ask questions
  • Change your personal details
  • Sign up for Retailer Offers and additional services
  • Switch off paper statements for current accounts, for savings and credit cards

Manage your Credit Card with Online Banking and take care by screening transactions and statements, check your card details, make balance transfers, and handle direct debits.

To apply for a credit card, for example, we are applying for the Santander Ultimate cash back credit card:

  • Go to Login page, create your account
  • In the upper portion of the website there are some options, click the ‘Personal’ one.
  • There will be a section called ‘credit cards’, after moving your cursor to it, you will be greeted with the three credit card options; click the one you want to apply for ( in this case Santander Ultimate cash)
  • After clicking ‘Apply’ there will be two boxes to fill: State and Zip code
  • Then fill in your personal information like:
    • -First & Last Name
    • -Date of Birth
    • -Registered with bank Phone number/Mobile number
    • -Email address
    • -Permanent address
    • -PIN (TPIN/Online Authentication PIN received on your phone)
    • -SSN (Social Security Number)
    • -Bank account number
    • -The user name you want to set
    • -Income/expenses.
  • Before submitting, agree with the terms and conditions; then submit your application and wait for the evaluation.
  • Once after signup with the bank, you will receive an email & telephone call/SMS by the bank to confirm your signup. After signup, simply Login

If you are a current, savings account or credit card holder,  you need your

  • Mobile phone and
  • Debit or credit card or banking account number and
  • Sort code

If you don’t have the above, call on Santander contact number 0800 9 123 123. If you have Business Banking accounts, call on 0800 731 6666 to sign up.

If you have a Santander mortgage but don’t have a savings account, current account or credit card, then you need to take a few steps to manage your mortgage online account. You need to follow the following steps:

  • Enter your personal information
  • Contact details
  • Then enter Mortgage Account number

How to Sign Up for Online Banking

These services are thoroughly important and recommended for further comfort. You can get to transfer money, view various statements/transactions, and stay updated on bills and numerous other features.

When your application gets selected and you get your credit card, sign up for the services:

  • Go onto their UK website and click Log on
  • Below there will be an option for ‘Sign up’, go there
  • There will be some requirements mentioned regarding debit/credit card numbers etc, after sorting them out go onto the ‘Continue’ option
  • Then start filling out the information as it goes along.
  • They require your personal details as always; make sure to write the correct information especially regarding numbers.

Best Personal Loan in Malaysia – How to Apply – Top 6 Banks

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Getting a personal loan in Malaysia is easy because many banks are offering personal loans in Malaysia. If you have a stable job, you can apply for a personal loan which is a temporary solution for your money problem but more or less it is a solution.

There are many banks that are offering personal loan banking services for people in Malaysia at low interest rates. The interest rate depends upon your job status if you are employed privately you will have to pay the low interest rate and if you are a government servant you will have to pay more interest rates.

There is a number of reasons why people are hesitant in acquiring loans and the main reason is that they don’t like paying high-interest rates with loans. We have listed tips and advice at the end of this article which is going to help you in the process of getting your personal loan.

Getting a Personal Loan in Malaysia

Acquiring a personal loan in Malaysia takes 48 hrs because many banks are offering personal loans in Malaysia. Consider you want to borrow 30,000 Malaysian ringgits for 3 years. You have a monthly salary of 5000 RM. If you are privately employed you will have to pay 983 RM per month with an interest rate of 5.99%.

For government servants, they will have to pay 1133 RM per month with an interest rate of 12.00%. Interest rates also depend on the rapidly changing market and the production of the country.

Apply Personal Loan in Malaysia

When applying for a personal loan you will be asked some questions and you need to answer them correctly. If you want to secure your personal loan.

The personal loan approval procedure is given below:

Getting a Conventional loan in Malaysia

Firstly, you will be asked about some basic information like your Name, Email, Phone number, and monthly income when submitting your application through the internet. Secondly, you will be asked for an identification number (IC or Passport) and the name of the place where you live. Lastly, you will be asked about your current job status and your relationship with other banks, or the number of credit cards you have.

Once you have completed your application and successfully submitted it. The Bank will contact you to further process your application. Duration of loan approval is between 2 to 5 business days and loan tenure can be between 1 to 7 years. You can apply for a personal loan through many banks online.

Requirements for a Conventional Personal Loan

To get a conventional loan you need to fulfill the requirements. You must be at least 18 years old Malaysian resident. You need to have a minimum income as stated by the bank.

The minimum loan amount is 500RM or as stated by a bank and you need to pay stamp duty (0.5% of the loan amount) when acquiring a loan.

Penalties for non-payment of the Personal Loan

If you are unable to pay your conventional loan in 7 years, the bank will impose penalties on you. You will have to pay 1% p.a. on the outstanding loan amount.

Getting an Islamic Personal Loan in Malaysia

You can get an Islamic personal loan in Malaysia through many banks offering Islamic personal financing under shariah rules. The process of a loan is the same as the conventional loan but loan requirements are different. The basic requirements for Islamic loans are given below.

Requirements for an Islamic Personal Loan

Fulfilling requirements is a must to get an Islamic loan. You need to be at least 25 years old and must have a linked bank account. A minimum income of more than 4500RM is required or as stated by the bank. The minimum financing amount is 10,000 RM or (as stated by the bank) with a maximum tenure of 8 years.

Islamic Personal loan offers a fixed interest rate of 6.99% (as stated by the bank). Bank also encourages applicants to buy a Takaful product (Islamic Insurance) along with this. Stamp duty for this loan is the same as the conventional loan that is 0.5% of the loan.

Penalties

If you are unable to pay your debt in 8 years, the bank will impose penalties on you as per Shariah ruling.

Top 6 Malaysian Banks Offering Personal Loans

There are many banks offering a variety of personal loans in Malaysia. We have listed six banks offering low interest rates as compared to other banks.

BANKS Loan PackageFinance ValueFinancing PeriodIncomeProfit Rates
Alliance BankCash Vantage Personal Financing IRM5000 – RM15000012 to 84 monthsmin. RM360003.99 – 14.78% p.a.
UKHWAHPersonal Loan Package Cash IRM2000 – RM20000024 to 120 monthsmin. RM15004.3 – 4.99% p.a.
CitibankPersonal LoanRM5000 – RM15000024 to 60 monthsmin. RM480005.88% p.a.
Al Rajhi BankPersonal Financing-IRM10000-RM15000024 to 96 monthsmin. RM600006.99% p.a.
Standard CharteredCashOneRM3000 – RM25000012 to 60 monthsmin. RM360006.99% p.a.
Alliance BankCash First Personal LoanRM5000 – RM15000012 to 84 monthsmin. RM360003.99 – 14.78% p.a.

Loan Interest rate can change from time to time depending on market and the value of ringgit.

You can visit the bank’s websites for more information but we have listed basic information about the personal loan packages right here.

When Applying for a Personal loan remember these tips

There are many things you need to take care of when applying for a personal loan, few of them are given below:

  1. Don’t acquire a loan until you have a plan for returning it.
  2. Limit loan funds usage to yourself.
  3. Consider visiting a bank for Personal Loan never give personal information on unofficial websites.
  4. Educate yourself about it and different products offered by banks.
  5. Never take the decision without calculating risk.
  6. Never apply for a loan with high-Interest rates.
  7. After acquiring Personal loan always set aside money on monthly basis to repay your debts.
  8. Always consider the loan as your last option.

Conclusion

Getting a personal loan in Malaysia is easy but it is way harder to pay it back with interest. So, I want to encourage you to start saving money for harsh times. In every difficult situation loan should be your last option because after spending borrowed money your life is not going to become easy, it will become harder. I hope this information will help you on your journey of getting a personal loan.

Top 10 Insurance Companies in UK – United Kingdom

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There are different insurance companies in the UK providing different types of insurance including life, car, health, accidental, mobile, theft, fire, and other insurance. An insurance policy is a type of contract in which an entity receives financial protection in uncertain circumstances from an insurance company.

The Company sets the type of insurance contract between the insurer and policyholder to pay a premium to the insurance company, and terms and conditions on which the company agrees to give you protection for your loss after an unforeseen event like death or an accident, etc.

In our daily life, routine people face many risks in every field of life. They wouldn’t estimate first how much loss they faced. Particularly ups and downs are part of a business.

Businessmen make insurance to avoid loss.

Insurance means protection against loss of some asset.

An insurer is a person who offers insurance and another person who buys insurance is known as a policyholder. This agreement has some insurance terms and conditions which the insurer will compensate the insured.

Please note: This document is written in specific insurance terminologies.

According to this agreement insurer charge, some amount from the policyholder for the coverage of loss is known as a premium.

The Premium amount will be charged yearly, and quarterly. Premium is income for an insurance company once charges that represent a liability then the insurer must provide coverage against claims.

When an insurer experiences a loss that is covered by the insurance policy he submits a claim against the insurance company to process the claim adjuster.

Importance of Insurance

The world we live in is full of risk, this is why insurance is important to our life. Our families, assets, business, and property could go through different types of risk. These insurable and uninsurable insurance risks include uncertain death, an accident, etc. These losses develop the need for insurance to be compensated with the financial resource of an issuer.

Functions of Insurance

  • It gives protection to you and your family. The whole family depends on your financial support and for the safe side of you and your loved one to take an insurance policy for unexpected and uncertain circumstances.
  • Any unforeseen event like an illness, injury, permanent disability, or uncertain death, can leave your family facing financial stress. So Insurance reduces your financial stress and you can focus on other circumstances of life.
  • Medical insurance gives you medical support in case of uncertain illness and you are unable to bear your medical expenses, the insured gets the medical support in case of the medical insurance policy.
  • Insurance plays an important role in the development of the country’s economy. A large number of funds are collected by premium. These funds are utilized in the industrial growth of the country, which develops economic growth.

Main Types of Insurance Coverage

There are several types of insurance coverage. Insurance coverage has many criteria according to insurance premiums or which type of insurance you have. Insurance help policyholder in every aspect of the type of insurance.

Few types in the following:

  • Auto insurance
  • Life insurance
  • Collision insurance
  • Auto insurance
  • Rental insurance
  • Land insurance
  • Homeowners Insurance
  • Broadcast insurance

Life Insurance

Life insurance is the most important type of insurance in which the insurance company pays you the sum of money either onset time period or death to his benefit.

It gives liability to the insurance company. If an accident occurs you have to bear the expenses, but if you are insured then these expenses are met by the insurance company.

The term of a Life Insurance policy is approximately 30 years. After that, if an individual dies the maturity amount is paid to the nominee and if an individual is alive then the amount is given to him

Medical insurance is very helpful in this regard where the amount is in accordance with the severity of the condition in any case. There are different types of health insurance coverage provided

Young people pay more premium as they are new with less experience and they have greater chances to meet accidents while older people pay less as they are more experienced drivers…

General insurance

It is the type of insurance that gives you protection on your losses on other things except for life insurance. This insurance includes

  • Home Insurance
  • Health Insurance
  • Auto insurance
  • Personal accident insurance
  • Medical and health insurance

Collision Insurance

In this insurance policy If your vehicle is insured and gets damaged in some accident then it will be included in collision insurance.

Auto Insurance

In this insurance policy if you are driving a vehicle and you hit someone then all the compensation amount will be paid by the insurance company. Moreover, there are 6 types of auto insurance.

Rental Insurance

In this policy, if the house is on rent and insured then any damage like water, that happens in the house will be paid by the insurance company.

Land Insurance

If the land is insured and unfortunately the landlord dies then no one can occupy the land forcefully and it’s the responsibility of the insurance company to deliver to the rightful owner.

Homeowners Liability Coverage

Suppose, if you have a guest in your house and the house is insured and unfortunately guest get hurt by any mishap then the compensation amount will be covered by the insurance company via homeowner liability.

Broadcast Insurance

Broadcast insurance covers the broadcast insurance coverage.

For example, if a radio station is broadcasting a program and unfortunately one of the participants expires then broadcast insurance covers the compensation.

Same as also many other types of insurance coverage

Liability protection is not just a good idea. Insurance agents guide the insurers about the insurance policies and answer the concerned queries about insurance.

Advantages and Disadvantages of Insurance

Insurance provides remarkable advantages, not provided by any other financial program but besides this, it also has some disadvantages

Pros of InsuranceCons of Insurance
ProtectionLengthy
SecurityHigh Premium
SavingsCrime Supportive
 Few Facilities

Advantages of Insurance Policy

Protect your Family When you are Gone: As it is impossible to predict the future. Life insurance provides helping hands to your family when you are unable to support your family after death.

Providing Security: Insurance gives protection to the individual and their family. There may be a fire in the house or the factory or a car accident insurance gives you full security by paying the loss. If in a car accident your car is damaged then according to the terms and conditions insurance company will bear the loss. It provides complete financial security in any unforeseen event.

Saving Encouragement: An insurance policy does not only give you protection in your unforeseen event but provides investment area too. It is a great source through which you can save money by paying a premium amount. The sum-up money will be paid to you after the maturity of the policy

Disadvantages of Insurance Policy

Takes too much time: It takes too much time to give you payment of your losses due to long and lengthy legal formalities

Premium is Higher than Maturity amount: Sometimes the amount of premium is higher than the amount paid by an insurance company at the time of maturity

Lead to Crime: Insured may lead to crime to get the payment higher than the loss of insured or for the purpose to get the insured may one of the family members kill the insured so they can get the sum insured as a nominee.

Fewer Facilities: It may provide saving and investment encouragement, but does not facilitate as a bank do

How Insurance Premium Amount is Calculated?

The Premium amount of an insurance policy is calculated by a specially designed calculator to know the actual amount to be paid as a premium. You just have to fill out the basic information that the calculator recommended you the plan

There are four basic factors to calculate the premium amount such as:

  • Age of entity
  • medical history
  • In taking habits
  • terms of policy

List of Top Insurance Companies in the UK

  • Prudential plc
  • Legal & General
  • Aviva Plc
  • Standard Life
  • Old Mutual
  • Phoenix Group Holdings
  • AEGON UK
  • RSA Insurance Group
  • Liverpool Victoria(LV)
  • AIG Europe Limited

Conclusion

Every financial instrument has some advantages and disadvantages. We have to choose according to our needs and their term and conditions. They have some tricky terms and conditions that we don’t read propyl at the time of buying and after that at the time of loss or maturity insurance company does not pay the whole loss or less maturity than the premium is paid.

So we have to be careful before buying the policy and clearer terms and conditions. Besides all this insurance policy gives protection and security to the family of the breadwinner. It is a great way to feel secure and satisfied that your family and loved ones will have some financial protection after any loss or death. Insurance helps the industrial growth of the country. It also gives you saving encouragement. It is the best way to generate financial resources.

What is Marketing Orientation? Importance and Types of Marketing Concept

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Marketing is the process of creating communication, delivering, and exchanging an offer that gives value to clients and customers. Marketing is defined as  “the activity” by the American Marketing Association. Basically, the term “Marketing” doesn’t mean going to market with some kind of staff for sale. Marketing is management that identifies, anticipates, and satisfies the customer with their profits. Marketing is a combination of the 7 Ps.

7 P’s of MarketingExplanation of Each P
ProductWhat you want to sell
PricingHow much want to charge against
PlacingWhere to Sell
PromotionHow to Attract Customers
PeopleWho is doing all this
PackagingThe attraction of the packed product
PositioningHow Customer will perceive you

Marketing is the process in which you can bring a product to market including these steps; Marketing segmentation, pricing, and promotion strategies, developing communication skills, market research, determining distribution, and vision for long-time market development goals. There are many parts of the marketing process “e.g. brand management, advertising art director, product designing, etc”.

Marketing Concept

The marketing concept is to satisfy the organizational objectives, an organization should accept the needs and wants of the customer. In marketing, you have to understand these concepts

  • Needs: The Necessity of people to live a healthy, safe, and happy life when needs stay unfulfilled adverse outcome: dysfunction or death.
  • Wants Something which is not necessary, but that is your desire or wish. Want is not essential for life survival.
  • Demands When the needs and wants have backed the ability to pay. Then the potential to become economic demand.

For the development of the product and improvement of the product, marketing research is conducted. It is directly related to the consumer’s needs. Customer needs are beneficial to market segmentation it is related to dividing the market into different categories of customers on the basis of different desires for customers that might buy separate products or who may buy marketing mixes.

Marketing Concept“Selling Concept
Understand MarketDevelop Product
Develop NeedSale Developed Product
Integrated MarketingPromotion
Earn Profit from Customer SatisfactionProfit from Massive Sales

Needs-based segmentation “beneficial segmentation”, “place the consumer’s desires at the forefront of how a company works or how its desire and marketing products and services”. Although need based segmentation is not easy to do in practice, it is one of the most effective ways of segmenting a material.

Designing is the best way how it will fulfill advertisements and promotions to show how this product or service is beneficial for customers and how it will fulfill customers’ desires.

What is Marketing Orientation?

Marketing orientation is the philosophy of companies that focuses on developing and fulfilling the needs and wants of their customers through their products. In the past marketing concentrated on establishing selling points for existing products, and orientation works in the opposite manner.

types of marketing concept

The Production Concept or Orientation

The Production Orientation or Concept refers that customers will always buy and recommend products available in the market at an affordable price.

It is the oldest concept in marketing and manufacturers following this orientation focuses on only two things

  1. Production
  2. Distribution

This marketing strategy is useful for some products.

The Product Concept or Orientation

Product Orientation or Concept refers to that customers will not go for an affordably priced product. They will surely go for innovation, qualitative, and better product performance. This concept is usually adopted by the electronics company.

Manufacturers under this concept always try to improve their product features. They make marketing research, and add advanced values to the existing product in the better version like Mobile manufacturers using a better camera, more ram, and processor.

Selling Concept

The Selling Orientation keeps the ideology of selling through extra promotional activities. They believe, their sales are not based on production and product concepts. Their sales depend upon promotional activities they do with different types of advertising and promotional campaigns.

The concept behind this orientation is that customers repeatedly watching ads or promotions may buy repeatedly. They easily forget their past experience with that.

Marketing Orientation or Marketing Concept

Know what your customer wants, how they want, where they want, why they want, and how much they want. In simple words, this marketing concept believes in achieving long-term and short-term organizational goals by knowing the customer at its best level.

The motto is Customer First and Target is Customer Again

It is strongly customer oriented. They totally want to make products for the customer and never rush to find a customer for products.

Societal Marketing Orientation

Societal Marketing Orientation thinks of doing something for welfare, both for consumers and non-consumers.

They believe in do improvements in both and in society too. Doing something like, flood donations, concerts and seminars for orphans and a few similar activities suits best in this example.

This is a newer concept in marketing after the acknowledgment of global warming. Industries and Organizations started to do social welfare and got some good responses in eyes of clients.

Importance of Marketing

Marketing is the heart of the business. Most businesses are based on successful marketing, It advertises the products or services. The overall marketing umbrella covers advertising, communication, promotions, and sales. Marketing is a process by which a product or service is introduced all over the world and without marketing your company may offer the best product or service in your industry but none of your potential customers, targeted by Advertising media or salesman will know about your product or service. Without marketing, your product sales may crash or the company may have to close.

Getting Word Out

For a successful business, the product or service must be providing awareness to buyers. You have to use marketing strategies to create product or service awareness. Without marketing, your customer may never know about your business offers, and your business may never give progress and success. Marketing gives you an opportunity to promote your product, services, and company, with the help of marketing your business has a choice to build up and promote more than your competitors.

High Sales

If your product, service, or company should get a place on the radar screen of your prospect, it increases your chance that the customer will make a buy. Awareness is a reality and the main focus of high sales. If customers are not aware of your product, service, or company then how they buy something and how your sales will be high. Awareness is a point where new customers start to spread the word. Your sales will highly increase as the word spreads. Without marketing these sales may not happen, without sales, a company or business cannot succeed.

Healthy Competition

An environment is fostered by marketing in the marketplace for healthy competition. Marketing can make out the pricing of products and services which not only reaches the potential consumers but also it reaches the door of competitive companies. As opposed to those companies which have rich control of products and services those companies can charge any price.

Marketing help to keep pricing competitive for a company or business to try to win over consumers before its competition does. Without competition, well-experienced and famous companies have no fair loss they can easily sell, on the other side the newly established company has little chance to succeed. Marketing gives healthy competition that allows small or new businesses to be successful. Enter and grow your sale in the marketplace places

Reputation For Company

The reality is reputation is the success of a company or business. The marketing introduces the product and builds the brand name of the company. When a company gets to believe in the public and reaches the high expectation of the public its reputation builds up, the business will expand and sales will increase. If you want to build your company’s reputation and you want to increase your sales, then you have to focus on quality products or services, your communications should be effective, and you should participate in active communicative programs.

Consideration

Marketing is very important in business as above I discussed marketing is the heart of the business, it is very expansive. In the beginning, a company might spend half of its sales on marketing programs. After some time the marketing budget can reach 30 percent (sometimes more) of the annual sale. Your company can get the best chance by marketing, as like; public relations, designing and printing for all print materials, website development, print and broadcast, advertising trade shows, etc.

Top 10 Largest Silk Producing Countries in World – [ Production Ranking ]

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Silk is a natural animal fiber obtained from different insects’ larvae. These insects use this special fiber to build cocoons. The cocoons of the larvae of bombyx mori species of silkworm produce the best quality silk. These fibers are woven to form a fabric. More than 60 countries in the world are known to produce silk. Silk production originated in China so undoubtedly, they are still the largest silk producers in the world. Other major silk producers include India, Korea, Iran, and Thailand.

It is considered to be a luxurious fabric due to its shine and smooth texture. It is mainly used for the manufacturing of clothes such as shirts, trousers, sarees, etc. Silk is also used in making different home décor furnishings and bedding. The construction of bicycle tires and parachutes uses woven silk fibers. Silk has many unique characteristics which set it apart from all other fabrics.

Characteristics of Silk

Here are some unique characteristics of silk which make it such a special fabric:

  • Silk has good compatibility with dyes.
  • It is composed of 80% protein called ‘’fibroin’’ and 20% sericin which is a silk gum.
  • It is difficult for silk to get dirty as it has a slippery and smooth surface. Dirt does not stay on it and even if it gets dirty, it is removed by simple washing.
  • Silk possesses good tensile strength.
  • Silk has good absorbing properties, for this reason, it makes a comfortable cloth during summers and warmer in winters.
  • It has great elasticity thus it can be stretched more than 10 to 20% of the original length.
  • This fabric has moderate resistance to wrinkling and can retain its shape with ironing.

Types of Silk

There are numerous types of silk obtained from different varieties of silkworms. They differ in their qualities and features for making different types of garments. Here we have enlisted some common types of silk used worldwide.

  • Charmeuse
  • Chiffon
  • Crêpe-de-chine
  • Dupion Silk
  • Georgette
  • Habotai
  • Organza
  • Silk Satin
  • Shantung
  • Silk crêpe-backed satin
  • Velvet

Top 10 Largest Silk Producing Countries in the World

The following table contains the list of the top ten largest silk-producing countries in the world along with their total production and production per person.

Sr. #CountryProduction (Tons)Production Per Person (Kg)
1.China403,0210.289
2.India161,1270.121
3.Uzbekistan17,9120.549
4.Iran13,2440.162
5.Thailand4,2860.062
6.Brazil3,0540.015
7.Vietnam2,5110.027
8.Romania1,1500.059
9.North Korea9050.035
10.Afghanistan6790.022

China

China is the largest raw silk and silk fabric producer in the world. The woven-on hand looms in China, where an abundant supply of cheap labor is available. The Si-Kiang and the Lower Yangtze, Kiang valleys are traditional sericulture areas and the homeland of silk manufacturing in China. This is why silk prices in China are relatively low compared to the international market.

According to the statistical survey of 2012, China produced 126000 million tons. China produces 60% of the world’s silk. It exports raw silk and fabrics to the U.S.A., U.K., France, Germany, Italy, Spain, and other countries. Shanghai, Hangzhou, and Canton are the main silk manufacturing cities in China.

India

India ranking 2nd among the leading sericulture countries has not only a time-honored silk tradition but a rich silk fauna. The process of making has been practiced in India since ancient times. India is an important silk-producing country. India is exporting different types of silk to various countries.

Bihar, West Bengal, Madhya Pradesh, Assam, Jharkhand, Karnataka, Andhra Pradesh, Jammu & Kashmir, Tamil Nadu, and Orissa are other states prominent in silk manufacturing. The first mill was established by “The East India Company” at Howrah in 1832 at present Karnataka is the premier producing state 52%.

Uzbekistan

For centuries Uzbek silk has been greatly valued throughout the world. Margilan silk is the famous silk type produced in Uzbekistan. Its worth was the same as gold and was a means of huge payments. In the second millennium BC, a ruler of Ferghana Valley was inspired by the silk products made in China. He wanted to make it in his country. So, he asked his subordinates to start manufacturing silk as the Chinese did. Since then, Uzbekistan has been producing silk fabrics, clothes, carpets, home decorations, and national souvenirs.

Uzbekistan is famous for producing natural silk. It has great characteristics as it is soft, smooth, and has a fine texture. Margilan is the largest center for silk production in the country. Two big factories are operating in the city, Yodgorlik, and Khan Atlas. Now Uzbekistan ranks as 3rd largest silk producer in the world due to its fine quality and great exports.

Iran

The sericultural activities have been taking place for more than 3000 years in Iran. The Persian carpet was the most famous silk product of Iran. The silk industry has been the source of income for many including children, women, and men of the rural communities. Iran is considered to be the first carpet weavers in the world however they have known to produce hand-woven scarves, crochet works, embroideries, and souvenirs.

Tehran is the head of Iran’s sericulture center. Almost 22 provinces of the country are active in silk farming but 96% of silkworm cultivation takes place in only seven provinces. Gilan constitutes 40% of silk production followed by Razavi Khorasan in northeastern Iran constitutes 30% of silk production.

Thailand

Thailand is known for many things and their silk industry is one of them. Thai silk is known all over the world for its fine quality. More than half a million households are involved in the silk industry. Thailand has a record annual production of 700 tons of native silk yarns, 16 tons of thrown silk yarns, and 3.5-4.5 million square meters of silk fabric. The production of high-quality patterned silk fabric and heavy-weight non-patterned fabric provides employment and income to many.

Ayutthaya is a city in Thailand that is well known for its highly skilled silk weavers and dyers. Other than that, Khorat is considered the center of the silk industry in Thailand. They are known for producing rose Thai silk. The traditional Thai silk is completely natural and unique, it cannot be duplicated by using commercial means.

Brazil

Brazil has always promoted sericulture as they rank as the 5th largest silk producer in the world. On a commercial scale, Brazil is considered to be the largest silk cocoon producer in the Western world. The economy of Brazil is supported by its textile industry. In the first half of 2019, the export of silk yards from Brazil was 311,000 tons. Most of the Brazilian silk is exported to Japan, Switzerland, Italy, and France.

Brazil’s main silk production center is mainly located in the north and northwest regions of Paraná. 84% of the total Brazilian silk production occurs at Paraná. There are almost 1867 small producers in 161 municipalities who are responsible for producing 2.47 tons of green cocoons. The area of this comprises 3.78 thousand hectares.

Vietnam

Vietnam has secured 7th place in the top ten largest silk-producing countries. The most popular type of Vietnamese silk is May silk. The silk industry manufactures many products but the most loved products include plain silk scarves, silk ties, silk textiles, and hand-painted and hand-embroidered scarves.

The two major silk-producing regions include Ha Dong and Bao Loc. Ha Dong is located in the city of Hanoi, it has many silk factories and workshops. Bao Loc is responsible for producing 80% of the country’s silk. A company called ”Vietnam Silk House” is located in this region. This company has partnered with many silk enterprises in the country to produce fine-quality of silk dresses.

Romania

Romania has had the sericulture tradition for quite some time now. Their sericulture tradition is known worldwide. The climate of Romania is favorable for the production of mulberry which leads to the production of silkworms. The importance of sericulture in Romania can be judged by their presence as the founding member of the International Sericultural Commission.

Romanian silk production has played an important role in domestic consumption as well as in exports. Romania exports silk mainly to Italy. In 2021, Romania earned $5.56M by exporting raw silk to Italy. The villages in the Oltenia region are famous for weaving silk and manufacturing Romanian blouses.

North Korea

The art of sericulture which was the specialty of China for over 5000 years spread to Korea around 200 BC. Korea established its silk industry soon after China and now ranks in the first ten largest silk-producing countries. The traditional Korean dress called Hanbok is partially or wholly made of silk. The silkworm pupae are also boiled and steamed to make a snack called beondegi which is quite famous in Korea.

The city of Jinju is considered to be the home of Korean silk. It covers 70% of the silk production of the country with 4 dyeing and 50 silk weaving companies. These companies have been producing silk for over 100 years and continue to do so.

Afghanistan

Apart from the agriculture industry, the sericulture industry has also been very important for the economy of Afghanistan. The silk business provides income to hundreds of women, who play a key role in rearing the mulberry leaves and maintaining the silkworms. Other than carpets and clothes, silk was used to make turbans and long-sleeved coats called Chapan. These silk turbans and Chapan are in great demand in Afghanistan.

Silk

Herat is the main center for silk production. Most of the silk products such as tents, handkerchiefs, etc. are manufactured here. During the 1960s, eight silk research centers were set up in the country. The Afghan silk fiber is better than Thai and Lao silk fibers and is used to make high-end fashion clothes and home decorations.

Largest Silk Exports by Country

The following table contains the list of countries with the largest silk exports in 2019.

Sr. #CountryTrade Value in USDQuantity (Kg)
1.China228,990.514,305,180
2.Vietnam55,325.14858,852
3.Uzbekistan30,433.22781,840
4.Italy22,898.55376,391
5.Romania8,439.68119,418
6.Germany3,221.6966,843
7.United Arab Emirates1,866.2278,984
8.Azerbaijan724.5018,749
9.European Union600.0913,068
10.Bulgaria598.8915,813

Other Silk-Producing Countries

Sr.#CountryProduction (Tons)Production Per Person (Kg)
1.Azerbaijan5140.052
2.Cambodia1580.01
3.Egypt1190.001
4.Kyrgyzstan1120.018
5.Japan1100.001
6.Spain790.002
7.Bulgaria710.01
8.Turkey710.001
9.Italy690.001
10.Madagascar490.002

Conclusion

The culture of rearing the silkworms to obtain silk from them is called sericulture. This culture has been part of many countries but it originated from China, making them the world’s largest silk producers. Since then, many countries followed in China’s footsteps and have established their silk industry. Silk is a luxurious cloth with fine texture and shine. It is used in making different garments for summers and winters. It is also used in making different home décor items including carpets. The silk industry has boosted the economy of many countries including India, Thailand, Iran, Korea, etc. which are ranked among the top ten largest silk producers in the world.

Santander Zero Credit Card Reviews [Real Customer Feedback]

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Worn out of consuming money on the high-interest rate card while you are abroad? Zero Credit Card is a perfect choice for travel purposes with many features and benefits as it charges no fee for money withdrawals & abroad purchases in respective local currency.

As with all travel cards, be sure to pay for purchases abroad in the local currency, not in pounds. Local Currency payments will get a good Santander MasterCard exchange rate.

The Santander Zero is MasterCard Credit Card that can be utilized for travel, however, always pay off any money withdrawals as quickly as time permits to constrain interest charges before they hit the time limit.

Santander Zero Retailer Offers

In case you plan to utilize Zero Credit Card in GB or abroad, a few clients may discover an incentive through Retailer Offers. The prizes program can get a premium of up to 15% off select retailers, including different grocery stores, supermarkets, entertainment, food, and more – yet clients should effectively deal with their accounts. These offers are typically fleeting, lapsing within fourteen days. The Santander Zero card gives no reward other than these.

Zero Credit Card Balance Transfers

Santander Zero has balance transfer-ability too, the 3% charge for just a single month of no interest is more awful than the normal transfer deal available on the market.

No Interest for a Set Window

You will have to pay zero interest on buys for the introductory duration. Many cards offer 06 to 18 months duration without interest on buys and purchases and most of the time on balance transfer too.

Helpful for Lowering High-interest Balances

If you are hauling high-interest credit card, you can transfer it to the card that offers a 0% initial APR on balance transfers. This provides you with a window of time where interest will not increase balance, so all of your payments will move towards financial debt itself. This enables you to make quicker progress on dropping debt.

Ideal for Large Purchases

If you would like to make a purchase, such as a television or maybe planning a holiday but need some time to repay it, a 0% interest is a jumbo asset. For a limited time, you get to carry a balance and space out payments on zero interest.

Balance Exchanges are not Usually Included

Pretty much every 0% APR offer is for new purchases made with the card. A portion of these introductory offers additionally include 0% on balance transfers, yet not all do.

You’ll Still Pay a Balance Transfer Fee

You will still have to pay a balance transfer fee in case you do not find a card with a 0% introductory offer on balance. This fee is usually charged on 3% of the transferred balance, so it will be beneficial if you bring over a large amount of balance.

You can Lose it for Bad Behavior

In case of late payment, Santander has the authority to end the introductory period. In case you will not have a regular APR; you might get a penalty APR which is 30%.

The APR doesn’t last Forever

Appreciate it, on the grounds that once your 0% starting period is finished, it’s finished. The 0% interest goes on for the length of the early on period, and once it closes, the card will return to its regular APR. This standard rate might not be below, so be watchful about carrying a balance in case you’re nearing the finish of your introductory period.

Santander Zero Important Highlights

  • No fee for abroad purchases when made in local currency
  • Simple Credit Card Activation process
  • Welcome cash back offers at major retailers
  • Credit Card login Online Banking or mobile banking for management of accounts and services
  • Link up with Apple Pay

Criteria Applying for Santander Zero Credit Card

  • You must be 18 years old
  • You should be a UK resident
  • You have to earn at least £7,500 per year
  • You must have good credit
  • No CCJs, IVAs, and bankruptcy, within the last 6 years

Zero Credit Card Fees

Transaction FeesNo fee on non-Sterling Transactions abroad
No fee on Santander Credit Cash Withdrawals
Mobile & Online Banking Santander Retailer OffersWelcome bonus of 5 Retailer Offers up to 25%
Ongoing access to Retailer Offers up to 15% off
Annual Feeno annual fee i.e., £0
APR (variable)18.9% on
1. Cash Transactions
2. Balance transfers
3. Purchase
  • Early repayment fee: £0
  • Late payment fee: £0
  • Arrangement fee: £0
  • Intro purchase rate: 0% for 2 months
  • Purchase rate: 9 %

Introductory Offers

Intro Purchase Rate Period1
Balance Transfer Offer Term1 month
Balance Transfers Allowedyes
Introductory Balance Transfer Fee3 % (minimum £ 5)
Max Balance Transfer Limit0 % AER
Money Transfers AllowedNo

Santander Zero Overseas Use

Worldwide Transaction Cost of £100Free
Cost of £100 Transaction in EuropeFree
International Cash Withdrawal Charges for £100Free
Airport Lounge AccessNo
Interest on Cash Withdrawals18.9 % AER

Santander Zero Charges

Interest-Free Period on transactions56 days
Min Monthly Repaymentstatutory minimum
Interest-Free Period on cash withdrawals0 days
PurchasesAnnual Interest Rate18.9 % AER
Inactivity FeeNone
Returned Payment Charge£ 12
Over Limit Fee£ 12
Copy Voucher Charge£ 0
Copy Statement Charge£ 0
Late Payment Fee£ 12

Santander Zero VS Others

To better comprehend the value of the Santander Zero Credit Card you have to see it in respect to other accessible choices so you can choose which will make more an incentive for you.

Santander Zero vs. Barclaycard Platinum Travel Credit Card

The Barclaycard Platinum Travel Credit Card is probably the best credit card for foreign use. Only if you pay off any and all cash withdrawals before the due date. The best feature of the Barclaycard travel card is that you’ll pay no interest charges at all by making payment in time. The card will not be as attractive if the foreign transaction fees increase.

The Santander Zero charges interest from the date of the transaction until the balance is paid off, which can result in an awful interest charge if you are on vacation. If you pay back your cash transactions promptly after withdrawal from the ATM, you lessen these interest charges. Those who won’t be able to pay back their cash transactions promptly can save more on the Barclaycard Platinum Travelcard.

Santander Zero vs. Santander All in One Credit Card

The Santander All In One Credit Card is an average all-around card, you can read the full review here. It offers a 0.5% cashback rate and no expenses on buys made abroad. The greatest inconveniences to the All In One card are the £3 month to month expense and 3% (£3 least) charge on money withdrawals.

These cards are attractive to those who want to manage the Retailer Offers rewards programme in order to have extra incentives. Those charging £600 a month will sufficiently acquire cashback rewards on the All In One to counterbalance the month to month expense.

Anybody searching for a simple card to for abroad may discover more of an incentive on the Zero as it is free and have no charges on cash withdrawals.

Santander Zero VS Halifax Clarity

This card is suitable for travel purposes as you can see in Halifax Clarity Credit card reviews and does not charge any fee. Santander doesn’t charge too. This can be essential as interest is charged promptly from the date of cash withdrawal and can rapidly include.

Both cards don’t charge fees on foreign transactions. Halifax charges a lower interest rate on cash withdrawals. Until you don’t pay back your cash withdrawals immediately, these cards will not work nicely.

Santander Zero Vs World Elite MasterCard

World Elite MasterCard gives you access to 1000 airport lounges and the facility of 1 million Wi-Fi hotspots. It charges no foreign transaction fees on purchases made abroad in local currency. Its representative APR is 49.8% variable and purchase rate is 18.9% p.a variable. It charges $15 on a monthly basis.

Both cards don’t charge any fee on foreign transactions. The World Elite Credit Card charges $15 fee on a monthly basis whereas Santander Zero charges NO monthly fees.

Random Customer’s Zero Credit Card Reviews

Ian B

It is absolutely fine until you withdraw your own money. Not a concern with giving me a long-winded run around when I wanted to take out 5000 in cash at the branch of my very own money.Their fake automatic system keeps denying transfers to my own accounts with other banks. it happens for a relatively small quantity. On the plus side, the people I dealt with on the phone were polite and helpful but it takes 45 minutes on the phone every time I want to send myself money and this is really hectic.

Martin

These people don’t care about their customers, plain and simple. They only care about making their wage and going home and they are not doing wrong. they put me wrong on my account and they think that is not a big issue? like seriously?

Their staff in their branches are very unhelpful and have provided wrong information on many occasions. Even their message service also does not work. How secure is it then?

I am concerned about the safety and privacy of my information as they clearly announce all sorts of information, audible to everyone in the bank, fully discussing.

For example, I had to withdraw £350 but their ATM can’t handle that so I had to speak to a teller. As I was leaving, I realized everyone could hear that I now have £350 in cash, totally unsafe!

A little more security, please. when I log in to their account there is a bottom like to talk with the teller, which tells that all login steps are useless if we still need to talk with the teller at the end. Ultimately, I decided to cancel the Santander credit card.

Jonathan Kay

I went into one of their branches. Here I came to know that my account is expired and I was not notified About it. However, Bridget spent over 30 minutes replacing the account and explaining every action carefully. Would be nice to think she will be there in a year’s time! Deserves praise as I think she used some of her lunch breaks to help me.

Kad Ahmad

I have a business account with Santander and their international banking service, they just called international actually they are not at all is, the worst people to deal with. Staff can not follow simple fax instructions in what currency.

I want my payment to be sent. How can they get it wrong on so many events? I am now persuaded, they do this intentionally and it’s the same staff. I think as soon as they see my letterhead instructions. I want somebody from the head office to contact me and discuss my issues.

Lucy

I have been banking with Santander for 6 years. I received a text from then at 9.00 PM. I was informed that fraudulent activity has taken place on my credit card and that I should immediately contact the bank.

I took action upon this and after about or more than 90 minutes I was able to speak with someone. This bank does not care about its customers the security system they use.

Such as, text messages are insecure they use the cheapest method of contact, and when they send you a text how do we know whether it is from the bank or scammer. A scammer can even take your money, who will be a cause of it then?

Santander All in One Credit Card Reviews

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Santander Bank designs “All in on credit card” for their users to enjoy maximum benefits and rewards. It aims to keep you prosper by offering huge benefits through various banking products including UK’s favourite World Elite Card & Zero credit card.

Santander All In One Credit Card Review

The Santander All in One Credit Card gives a 30-month 0% balance transfer and cashback rewards rates on all purchases. They charge a £36 fee per year. This gives you 0.5% rewards on all purchases 15% off on different Retailer offers at a number of retail partners. Santander All In One will also give you 25% off on five Retail Offers as a welcome bonus which will be for short periods, usually 14 days.

These offers give discounts to various retailers, such as Entertainment, supermarkets, car rental agencies, JD Sports, food and many more.

You won’t be charged any fee for non-Sterling transactions while abroad and it doesn’t charge any additional fees on the purchases made in local currency as well, but a 3% fee for each cash withdrawal will be charged immediately.

All in One credit card gives cashback rewards for those who want 0% interest on balance transfers and purchases on the same card.

All In One is Good for Those who want to

  • Earn everyday rewards
  •  manage rewards actively to find extra worth
  • Make purchases by All In One credit card abroad

All In One is Bad for

  • who wants an interest free period for cash transactions
  • don’t want to pay a monthly fee
  • £3 monthly fee
  • 3% High balance transfer fee applies after the introductory period ends
  • Transfers from additional Santander Group accounts aren’t permissible

Santander All In One Representative example:

If spending £1,200 at a purchase interest rate of 15.90% p.a. variable) then the representative rate will be equivalent to 21.70% APR(variable) by a monthly fee of £3.

Highlights

All in one credit card contains everything you need in a credit card. With this credit card, you’ll get;

  • Credit Card with a monthly fee of £3
  • Activate Santander card on phone or laptop
  • No balance transfer fee for 30 months from the date of account opening
  • No interest for 30 months on purchases from the date of account opening
  • No foreign transaction fee
  • 0.5% cash back on all of your purchases
  • Protect you when there are some price changes in the market.
  • Gives you a built-in warranty to make purchases and manage
  • accounts.
  • Use for foreign purchases and withdrawals having no transaction fees.
  • Notifications on card limit increase while mobile & email
  • Cash Back offer on Purchases
  • You will earn 0.5% cashback on every purchase. So, when will you make any small or big purchase every time you earn.
  • The bank is responsible to charge your account monthly and you can see this status through online or mobile banking.

All in One Credit Card Gratify Your Banking

All in one credit card has been promoted worldwide due to some of its features to add more values to personal and business banking. Your banking transactions are now at your fingertips with various facilities including the Internet, Mobile, Telephone banking.

Mobile Banking

Mobile banking allows users to quickly log on and securely use your account. You can see your transactions & limits through your mobile. You will have to register yourself for retailer offers to earn cash back on your balance.

Santander Online Banking

Santander Online Banking login enables you to handle banking tasks on your phone or tablet anytime anywhere.

Telephone Banking

Through all in one, you can also manage to a bank through a phone call by dialling 08009123123

Security Checks

Bank takes extra measures to protect your account information and aims to give you a secure trustworthy bank account assistance. Santander Offers you lots of benefits but they are still dangerous if used carelessly.

To take unlimited Credit Card benefits, firstly you have to pay off the full balance quickly

Balance Transfer and Cashback Calculator

This calculator is only for descriptive reasons.  This calculator supposes you’ll make the repayment amounts (monthly) entered, there are no additional transactions, rather a fixed interest rate charged on your accessible credit card and that you’re not in an early or promotional period.

Santander All in One Benefits

Rewards0.5% cashback rewards
on all eligible purchases
Transaction FeesNo fee on non-Sterling
Transactions abroad

3% on min £3 fee
on cash transactions

0% on PurchasesFor 30 months
Annual Fee£36
0% on Balance TransfersFor 30 months
(no initial balance transfer fee)
Retailer OffersWelcome bonus of
5 Retailer Offers up to 25% off

Continuing access to
Retailer Offers up to 15% off

  • If you have a current account then no monthly fee for 6 months
  • 0% for the first 30 months on purchases, after that 15.9% p.a. (variable)
  • 0% foreign transactions fees while using the All In One credit card abroad
  • 0% for the first 30 months on balance transfers, after that 15.9% p.a. (variable) and 0% balance transfer fee
  • 0.5% cashback on every purchase with no limits or caps

Santader All in one Credit Card Application Requirements

  • Be aged 18 or over
  • Be a permanent UK inhabitant
  • Have a £7,500 or more gross annual income
  • Have an excellent credit history
  • Have no bankruptcy, IVAs or CCJs in the last 6 years

Santander All in One Fee

Arrangement fee£0
Late payment fee£0
Early repayment fee£0

Applying for Card

If you’ve compared other credit cards with all in one and want to apply, firstly, complete the secure online application form. Before applying, check the eligibility criteria, whether you meet the criteria and all the requirements that are needed. Gather all the information and documents which are needed to make the process simple and straightforward.

All In One Compared to Aqua Rewards

The Aqua Rewards Credit Card is a cashback card which is free and offers 0.5% rewards rate. The disadvantage to the Aqua Rewards card is that the cashback is paid out one time in a year, and missing a payment is meant forfeiting all cashback for the year. This can be risky for many cardholders. The Aqua cards are suitable for those who have weak credit histories. This is good for individuals eager to improve their credit history.

RBS Credit Card Charges [ Reward, Black, Royal Bank & Student ]

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What are RBS credit card charges? Does RBS charges for using the credit card abroad? Royal Bank of Scotland makes it easy to choose a credit card when there are a clear benefit and assistance schemes. That’s why RBS made range nice and simple. It is great for saving money and also helping with student finance. Royal Bank of Scotland credit cards will help you to purchases and balance transfers at low rates.

List of RBS Credit Cards

  1. Reward Credit Card
  2. Reward Black Credit Card
  3. The Royal Bank Credit Card
  4. Student Credit Card

RBS Rewards Credit Card

Representative Example

Representative APR is 23.7% (variable). It is based on the Credit Limit of £1,200.

Rewards Credit Card by RBS typically applies 23.7% APR, these charges could be variable and annual fee will also be applied after three months of membership. The annual fee will be refunded if you have a reward current account. You can earn 0.5% rewards on every purchase everywhere. Royal Bank of Scotland applies £24 annual fee when you first ever use your account and then after one year on that date.

The reward credit card offers 1 RBS reward point every time you spent £1 on grocery, gas & other market purchases. To get bonus points Credit Cardholder has to carry out a significant amount of transactions through the card. It enables you to make RBS Credit Card Payments in the native currency as well as in foreign currency.

RBS Rewards Credit Card Fees and Charges

Representative APR23.7%
The interest rate
on the purchase		18.9% p.a.
(variable)
Annual fee£24

RBS Reward Overseas Charges

Charges for £100
Int’l Cash Withdrawal		£ 3
Interest Charged on
Cash Withdrawals		25.9 % AER
Cost of £100 Transaction
Worldwide		£ 2.75

Additional Charges

Inactivity FeeNone
Late Payment Fee£ 12
Returned Payment Charge£ 10
Copy Statement Charge£ 3
Returned Payment Charge£ 10
Over Limit Fee£ 12
Copy Voucher Charge£ 0

This credit card is suitable for you if:

  • You earn at least £ 10,000 per year
  • Your credit rating is Prime
  • You would like to borrow at least £ 300
  • You are above 18 years older

Rewards Black Credit Card

Reward Black Credit Card by RBS applies 31.7%APR, these charges could be variable and annual fee will be applied after three months of membership. Using this; you do not have to pay any foreign transaction fees. The annual fee will be refunded if you have already a Reward Black current account. Service tax will be applied with the total amount charged to the Credit cardholder.

While using Reward Black credit card, as you earn points near to £5, you can convert them in money into your account. It also offers security purchases and also enlarges warranty protection for your account.

RBS Rewards Black Charges

Annual Fee£ 84
Interest-Free Period
(transactions)		56 days
Annual Interest Rate
for Purchases		18.9 % AER
Interest-Free Period
(cash withdrawals)		0 days
Minimum Monthly RepaymentStatutory Minimum

Reward Black Overseas Charges

Cost of £100 Transaction
Worldwide		Free
Cost of £100 Transaction
in Europe		Free
Interest Charged on
Cash Withdrawals		25.9 % AER
Charges for £100
International Cash Withdrawal		£ 3

RBS Reward Black Additional Charges

Over Limit Fee£ 12
Late Payment Fee£ 12
Copy Voucher Charge£ 0
Returned Payment Charge£ 5
Inactivity FeeNone
Copy Statement Charge£ 0

This Credit card is suitable for you if

  • Your you earn at least £ 15,000 per year
  • Your credit rating is prime
  • You would like to borrow at least £ 5,000
  • You are above 18 years old

The Royal Bank Credit Card

The Royal Bank Credit Card applies 9.9% APR, which will be variable according to market ups and downs. Using this, you will enjoy a 0% annual fee. The Royal Bank credit card offers 0% foreign transaction fee and low rates on balance transfers. You will also enjoy low-interest rates.

It also provides a revolving credit limit that varies with financial exposure of the holder.

The Royal Bank Credit Card Charges

Interest-Free Period on transactions56 days
Min Monthly Repaymentstatutory minimum
Interest-Free Period in cash withdrawals0 days
Annual Interest Rate for Purchases9.9 % AER

The Royal Bank Card Overseas Charges

Cost of £100 Transaction
in Europe		Free
Cost of £100 Transaction
Worldwide		Free
Interest Charged on
Cash Withdrawals		16.9 % AER
Cash Withdrawal Charges
for £100 International		£ 3

The Royal Bank Credit Card Additional Charges

Late Payment Fee£ 12
Over Limit Fee£ 12
Copy Statement Charge£ 3
Copy Voucher Charge£ 0
Inactivity Fee:None
Returned Payment Charge£ 10

This card is suitable for you if

  • You earn at least £ 10,000 per year
  • Your credit rating is prime
  • You would like to borrow at least £ 300
  • You are above 18 years older

RBS Student Credit Card

Representative APR is 18.9% (variable), If you are borrowing of £500 on an interest rate of 18.95% (variable) annual.

RBS Student Credit Card applies 18.9% APR and also have no annual fee. This card will ensure safety for student life. The least maximum limit for a student credit card is £500. But to avail student Credit Card service you must have a Royal Bank of Scotland Student current account.

Along with these charges other taxes, duty, and some else charges were also required to be paid, which will be applied to your account. RBS Credit Card Services are full-time amazement, but if payment will not be paid within due date, credit cardholder charged with some additional costs, just due to delay in payment.

Student Credit Card Charges

Interest-Free Period
for transactions		56 days
Min Monthly Repaymentstatutory minimum
Interest-Free Period
for cash withdrawals		0 days
Annual Interest Rate for Purchases18.95 % AER

Student Credit Card Overseas Charges

International Cash Withdrawal
Charges for £100		£ 3
Interest Charged on
Cash Withdrawals		27.95 % AER
Cost of £100 Transaction
Worldwide		£ 2.75

Student Card Additional Charges

Over Limit Fee£ 12
Late Payment Fee£ 12
Copy Statement Charge£ 3
Returned Payment Charge£ 10
Copy Voucher Charge£ 0
Inactivity FeeNone

This credit  is suitable for you if

  • Your credit rating is prime
  • You would like to borrow at least £ 250
  • You are over 18
  • You are previously an existing customer

Credit Card hub of Royal Bank of Scotland will help you to choose the best one credit card. RBS also introduce a “Grace Period” once during a year. During the Grace period, the cardholder has to pay their credit card bills without any additional interest.