Top Financial Products Available Today

Cash ISAs

One of the most tax efficient ways to invest your money, as the interest you accrue on your savings is safe from the tax man. The catch, you can only invest up to £3,600 in the 12 months to 5th April 2010, rising to £5,100 thereafter.

Cashback Credit Cards

These give you cashback just for using your credit card to make purchases, and as long as you repay the balance in full each month before the due date, then there is no interest to pay. In addition, the use of a credit card to make purchases gives added protection, which is particularly useful when making purchases online.

Interest Free Credit Cards

A number of credit cards also offer interest free balance transfers and purchases for an initial period. For those with maxed out credit cards, interest free balance transfers can save £100’s in interest costs.

Current Account Mortgages and Offset Mortgages

These types of mortgages allow you to combine your current account with your mortgage, in such a way that you can save a significant amount of interest over the mortgage term, and ultimately clear your mortgage more quickly.

High Interest Current Accounts and Savings Accounts

For those with relatively high balances in their current account, it is worthwhile looking for current accounts which give a competitive interest rate on the balance, or an instant access savings account, where you can transfer the excess balance to earn a high rate of interest, safe in the knowledge that the money is instantly available when required.

Interest Free Overdrafts

For those living in, or close to, their overdraft, then it is worthwhile looking for a current account which offers an interest free overdraft.

Teen Car Insurance Rates For Girls

When it comes to teen car insurance rates, girls have an advantage over boys. Statistically, they are viewed as safer drivers. This may or may not be true for your particular blossoming driver, but in the eyes of the insurance rate formulators, this translates into lower premiums for a teenage girl than a teenage boy alike in every other facet but gender.

This fact doesn’t mean that there aren’t additional ways to lower teen car insurance rates for your female driver. You shouldn’t simply rest on your laurels, knowing that a lower rate will be offered based on driver gender. You should look for real savings by requesting multiple car insurance quotes.

In addition to differing dramatically by gender, rates also differ dramatically by company. You can find several hundred dollars difference between identical coverage packages based solely on brand name. This is one of the reasons that you should always request multiple insurance quotes before buying any insurance package.

Quote requesting can open your eyes to relatively unknown companies who may be able to save you big money over a brand name firm. You won’t be supporting advertising margins or a large agent network. Instead, you will just be supporting affordable coverage for your little angel.

It can be a little time consuming to get multiple quotes, as you will need to wait a day or two to get all of your quotes in from the various companies. However, by having multiple companies to chose from, you will be able to save more money than you would by simply going with a company whose name you’ve heard on the radio or seen on TV. This cost savings will make the time you spend getting teen car insurance quotes well worth the effort and extra waiting.

The Financial Products to Be Wary Of

Nowadays, it seems like there’s a financial product for everything – home insurance, credit card protection, critical illness cover even weather insurance. Whilst many products are created with the financial well being of its customers at heart there’s also many products that are misadvertised, missold and sometimes not really necessary.

Life insurance, for example, is often touted as one of the most important financial products on the market today. For people with children, a home or any kind of debt this certainly is the case as making sure your loved ones aren’t left to pay bills in your absence is important. That said, people who do not have dependents or debts of any kind may be better off without life insurance and should take time to consider whether the product they are being sold is really right for them.

When it comes to credit cards, paying off your debt in monthly or lump sums is very important. People with numerous financial commitments or a poor credit history are regularly offered payment protection as a back up in case they cannot meet or even forget to pay of their credit at regular intervals. Some people however, have this unwittingly added to their credit card bills so it’s important to discuss whether this is a product that suits you when taking out your account as well as making sure there aren’t any unspoken added extras.

Finally, one of the biggest causes of complaints to the UK financial ombudsman is income payment protection. Shrouded in small print, many customers of IPP have recently reported being unable to claim on their insurance as the level of cover they have is not sufficient. income payment protection works to safeguard individuals mortgage, loan or other debt repayments in the event of ill health or unemployment. Don’t skip on the small print when taking out a financial product like IPP as it could save you a lot of hassle in the long run!

Car Insurance Rate Quotes – New and Pre Owned

It is important for any owner to find out the best car insurance rates. Quotes are the only way to get the cheapest deal. If you simply take the first policy that comes your way or the first quote that comes your way it is unlikely you will get a low premium. There are many factors to take into account. However, if you are insuring a new vehicle then you have a very good chance of getting a premium that is cheap. This is because a brand new car is considered as a low risk vehicle.

Even if you want car insurance rate quotes for a brand new vehicle the insurance company will want to know about your driving history and where you park your car. They are especially interested in knowing where you keep your car overnight. Obviously if you keep your car in a locked garage it will help lower your monthly payments. Another very good means of bringing down your premium is if you have a good driving history. Insurance companies want clients who are responsible drivers. Those with a good driving history are regarded as low risk clients.

If you are insuring a pre owned vehicle then your monthly premium may be a bit higher. However, once again, if you have a good driving history and your car is safely housed overnight your application will be viewed as less risky. Insurance for a pre owned car is also dependent on the condition and also the age of the vehicle.

Whether you have a vehicle that is new or pre owned you have to take a good look at car insurance rate quotes. Your monthly premium is going to be set and you are going to have to come up with the cash to pay for it as long as you own a car.