Shopping, meals and holidays are just some of the items we put on our credit cards. But credit card spending does not have to be selfish. Credit card holders can use their credit cards to support worthwhile causes such as charities.
There are several ways of doing this. Credit card owners can donate to different charities using their credit cards or they can choose a charity credit card to give their chosen charity a donation every time they spend.
How Charity Cards Work
Most charity cards donate in two ways. The first is a lump sum donation given to a charity when someone first takes out a charity card. Additional lump sums may be donated if people keep the card or continue to spend on the credit card.
The second method is to donate a percentage of the money spent by the cardholder to the chosen charity. This can range from 0.25% to 1% of the amount spent, depending on the deal and the card chosen.
Giving To Cancer Charities
Cancer is a major killer in industrialised nations and so it is hardly surprising that a number of charities have launched their own credit cards to help their charity efforts. Many of these are supported by large banks.
Cancer Research UK is the UK's largest cancer charity. The organisation's credit card is supported by Halifax and works like other Halifax cards. There is no annual fee and the card offers a low balance transfer fee for six months. Halifax donates 0.25% of money spent on the card to Cancer Research UK.
Another cancer charity has raised £1,000,000 with its charity card. The Breakthrough Breast Cancer Charity Card is sponsored by MBNA. The purchase donation is the same as that offered by the Cancer Research credit card. However, MBNA also offers an additional donation for online applications.
Other Ways Of Giving To Charity
Charity credit cards work well for those who spend regularly on their credit cards. A donation rate of 0.25% means that 25 pence of every £100 spent goes to the charity. Some people may find that donating the proceeds of a cash back credit card (which gives more than 0.5% of annual spending in a lump sum each year) may be another good way to help a charity.
Shopping Around
As with other credit cards it is worth looking around for the best credit card deals for charity cards. Many charity cards offer 0% balance transfer rates and purchase rates for fixed periods. Some offer low standard interest rates as well.
There are many websites that offer comparisons of credit cards and charity credit cards. The sites look at balance transfer and purchase rates, introductory offers, standard interest rates and other incentives for credit card buyers. Shopping around allows people to get the best deal for themselves and still contribute to a good cause.
Money Through Grants & Donations
By: Michael Dabord
Government grants are a great way to raise some much needed money. So are private donations. Private companies stand among the government organizations when it comes to providing grants and charities. Some private organizations also provide charities for natural calamities. But the need of the hour is for needy families and individuals to gain a foothold in this highly competitive world. You can virtually avail any possible type of funding from government and private grants, which includes foundation funding, charitable grants, corporation funding and youth funding. Non profit funding is also made available for nonprofit organizations. There are also special education grants, such as school and college funding that is usually aimed at creating a better future among the young generation. But despite the availability of money for the taking, do people know that these types of funding await them through private donors?
Tax benefits are widely exploited by millions of people around the world. This also applies for the US citizens, especially, business tycoons. Nothing is more interesting to them than saving quite a sum of money from the tax department. To accomplish this, they simply lend out grants and donations. However, most often it is seen that this money doesn’t reach where it is intended to benefit. Of course not, this money is still there for the grasp, but it is quite difficult for people to really find the source of these donations and charity, least, be informed about the procedures in availing these funds.
It is imperative to find grants and charity donations from these private companies. One cannot simply find them through word of mouth; neither can anyone find advertisements hanging out there. Research is needed to find companies that have a provision to provide grants, and the type of funding that is available to the public. The grant policies of the companies do vary quite a lot, and hence, a thorough background check up is necessary. But is it possible to do everything at a go? The most simple and effective way of finding charitable donations is through Noza Search. Noza Search provides an easy to use interface for you to find grants and donations from companies according to your requirements. With over 33 million records of donors in their database, it will be just a matter of time before you find your most suitable