Posted by: Brodie Jerrems in
Bank Rates on November 15th, 2011
It recently came to my attention that the Royal Bank of Canada (RBC) has launched two new credit cards; one to their personal banking division and another to their business banking division.
The two new credit cards that have been launched are in fact Cash Back MasterCards, which addresses a portion of the market that RBC in my opinion has been lacking in.
The two new credit cards are the RBC Cash Back MasterCard and the RBC Business Cash Back MasterCard.
To help showcase what these two new credit cards have to offer, I have put the information in the table below:
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RBC Cash Back MasterCard |
RBC Business Cash Back MasterCard |
Cash Back Credit(s)- Earn 2% Cash Back credits on grocery store purchases
– Earn up to 1% cash back credits on all other purchases and pre-authorized payments- Earn 2% Cash BACK on all purchases for the first 3 months (account needs to be open before Oct. Read more…
Posted by: Natasha Cassidy in
Bank Rates on August 9th, 2010
Savings have hit a two year high in the UK despite all of the bad news surrounding the economy this week.
The NS&I Savings Survey shows Britain’s savings levels have increased for the first time in a year when looking at how much is being set aside each month by savers.
Although we’re being bombarded with bad news about poor savings rates, high inflation and the Bank of England downgrading the economy’s growth forecast, it looks as though Brits are still keeping some money aside for savings.
Around half of the UK are now saving regularly each month, according to NS&I and the proportion of income that people are setting aside has returned to levels not seen since before the start of the economic downturn.
Savers are also increasing the amount they are setting aside for the first time in a year, putting away an average of £85.21 each month, up from £81.94 last quarter .
But figures also show that the average take home income has fallen by just under £100, suggesting that saving has become more of a priority.
Tim Mack, Savings spokesman, NS&I said: “It is encouraging news that many of us are managing to put a few more pounds away each month.
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