Save the smart way

To find the best suitable savings account you should first decide the tenure of the savings account and this is important as some banks give additional benefits and lucrative interest rates according to the tenure. Then after the tenure, the next thing you need to take care of is the interest rates that you will be getting on the sum being deposited. The interest rates vary from 1.25% – 3.5% depending on the bank you choose. The amount you want to deposit must also be kept in mind as the interest you get majorly depends on the amount you are depositing in your bank. Lastly, you should look for the bank that provides the best online services to make it easy and comfortable for you. If possible find an account that does not issue a debit card or a checkbook so that you cannot withdraw your money and savings are left untouched.

To get yourself a perfect current account first of all look for only those accounts which do not have any restrictions on the transaction part. There should be no limit on withdrawals or deposits and the bank must always provide proof of payment. Proof of payment is a very necessary aspect in choosing a bank because it is important for tax purposes. After these, lookout for an overdraft facility that will allow you to cover the temporary shortfalls in the funds. The next emphasis must be on the ease of payment as current accounts are all about huge and frequent transactions. So, make sure the bank you are choosing provides a checkbook and also a debit/credit card for instant payments. Then lastly look for the quality of service and how well the bank is managing your queries and also if it supports assistance from home. Also, see if the bank allows payment in different currencies so that it is not a hurdle afterward. Some of the best options are

In the UAE there are different types of credit cards each of them catering to the needs and benefits of every type of user. Let’s have a look at different types of credit cards-
Cashback credit cards are one of the most popular ones in the market they give awesome cashback and rewards on purchases hence making it a crowd favourite. Next are the travel credit cards that provide exclusive discounts on travel tickets and also provide air miles as rewards to the customers. They can later redeem these air miles to get an additional discount on their ticket fare. Next in line is the airport lounge access card that gives you access to the private lounges at the airport. Some cards give you points on making daily purchases below the daily spending limit like Emirates NBD Lulu credit cards. Business credit cards are also very popular and they have some great offers and facilities keeping in mind the bulky transactions that will be made from that card. There are loads of credit cards that offer you great services and discounts in every field possible.

To find the best credit card you must first analyze your lifestyle and the things you spend the most money on. If you love to travel and quite frequently you are booking flight tickets then a travel credit card is a must for you as it will not only give you discounts on air tickets but also hive you travel miles that you can redeem later. Some of the examples are- Dubai first miles card, emirates NBD infinite credit card, etc. If you have loads of daily purchases then you must go for a cashback credit card to save some bucks daily. There are movie cards to give you access to exclusive events and some great deals while booking a movie ticket. So, as it is visible that there are credit cards for every type of person based on their spending habits. So, all you need to do is to analyze yourself carefully and list down the places where you spend the most money and that too most frequently and get yourself a credit card and that will save you a fortune.

To get the best deals on home loans first make sure that you have an excellent credit history, you have the initial payment amount for the loan. You must be well aware of the structure of the mortgages that are 25% goes in for down payment, around 25% registration fees, 3% transfer fee, and nearly 2% commission for real estate. When you are finished with all the prerequisites you must decide which type of mortgage suits you the best. First, you need to decide the duration of the mortgage you are comfortable with, but keep in mind that the more years you take the more will be the amount you will be paying. After the year is decided hunt down the lowest interest rate you could find in the market. It usually varies from 3-5% according to the bank. One of the best methods is to go for a fixed rate of interest for the first 2 years and then go for the revised rate of interest.

To get a personal loan the first question has to be about the type of interest in which you will be paying back the bank. There are two options available there one is flat interest and the other one is reducing the interest. You will have to look at the situation and your needs to decide among them. Once you are done with the type of interest then look for the tenure of the loan you are taking. It is the same case as others, greater the tenure greater is the amount you pay. After tenure and type look for eligibility for the loan as personal loans require a minimum amount of salary to be considered eligible for it. Look for the bank in which you are eligible and then compare the rest of the aspects to sort out the best one. You will be in a good state if you have a decent salary and an excellent credit score as the rate is decided by these factors. So, build your credit score well in advance and get yourself the loan at the lowest rate possible.

To grab the best car loan have a couple of things in mind. First look for a loan that has a low and negotiable rate of interest. The loan rates start from as low as 2% and you can opt for any one payment method they offer. The next thing you should look for is lower salary requirements. When these things are done then focus on flexible repayment tenure. The deciding factor again for the rate of interest will be your credit score. If you have an excellent credit score you will be paying a lot less rate percentage for the entire tenure of the loan. So start working on building your credit score before you start thinking of taking a loan. Keeping these things in mind you will get the best deal possible.