Capital One Cash Back Platinum MasterCard® with No Hassle Rewards

In the real world of today, credit cards have achieved commonplace stature and things have reached a situation wherein life cannot just move on without that little piece of plastic, craving for your touch. So obviously, the market for such little geniuses is extremely enormous and has always led to newer vistas in credit card sales.

Speaking of the company as such, Capital One was founded in 1988 by Richard Fairbank and Nigel Morris and is now one of the leading players in the credit card market, apart from making inroads into the loans, savings and auto finance sectors too. Capital One’s operations began in Canada in 1996 with the opening of its head office at Toronto. However, unlike in the USA, Capital One does not operate outside the credit card sector. It is the second largest customer of Canada post. Capital One now offers to you the Capital One Cash Back Platinum Master Card with No Hassle Rewards.

This credit card is certainly a one of its kind card in the Canadian market. It is an exclusive card on offer for Canadian residents only. The customer gets to choose from a check or a statement credit. Adding to the existing irresistible features is the bonus of no upper bounds on earning being set by the company. So whatever be your salary, you shall enjoy unequivocal benefits as any other customer of the card does.

The Platinum Master Card should be your priority certainly because you can claim the reward money at any time of your ownership of the card; you need not let it build to a certain amount before collecting the promised sum, or rather worse, wait until the end of the year before you can get your reward sum like other cards of this nature. In addition to this, you start earning rewards right away from the word go. Your average old credit card would always require you to spend 5000 dollars before you qualified for a reward, however this card helps you earn the dollars, right from the moment you have signed the application form.

However, over and above the above given benefits, the greatest asset of the card is that you can use it at just about anywhere you would want to. Your grocerer, the supermarket, gas station- almost anywhere where the plastic thing is accepted. As far as this card goes you will never find any purchase too small.

And as per our estimates, on purchases that reach till a limit $3000, the customer gets to enjoy a 0.5% cash back annually as returns. For example, if this credit card pays you 1% back, and your bills total $2500 a month, you qualify for about $25 in cash each month. That amounts to an amazing $300 a year, just for using the credit card for a period of one year.

In these days of shoe string budgets and recession hit incomes, this is certainly one good way to spend money. And earn it back as well. Hassle free.

What is Job Description?

What is Job Description?

A person applying for a job in any organization has to first match his job profile with the 'job description' as stated by the company. Certain jobs require a prospective employee to modify his/her abilities in order to fulfill the needs of the recruiting organization and perform the role assigned to the fullest of his capabilities. Naturally, a role is a set of tasks or expected consequences associated with a job. A job typically includes a collection of roles.

A job description is essentially a dossier of the responsibilities, tasks and functions that come attached with the said job. Additionally, it enlists the qualifications expected, remuneration promised and work experience sought for. The construction of a job description usually begins with a job analysis that examines the sequence of jobs that have to be performed by the employee-to-be. It also includes knowledge-level of the applicant, results expected by the company and so on and so forth.

The objective of a job description is to lay down the required duties expected of the applicant in order to conduct the recruitment process by free of fair means. Job description has certain elements including giving all members an insight in existing roles, enabling advancement of employees to higher roles within the organization and many more.

The probable items in a job description include job title, summary, duties, responsibilities, job specifications, qualifications, professional skills, salary and benefits. The case in Canada is no different with job-seekers required to satisfy in all of the above categories in order to land a job.

Canada has a large job market, especially for fresh graduates aiming to begin a new career. Being largely an Arctic country, there is not much scope in the agricultural sector, but Canada is being seen as an emerging destination for manufacturing and technology. The Canadian government sets aside a considerable sum of money in the Canada Crown Corporation that runs various public sector undertakings that employ large numbers of qualified employees every year. Apart from the general qualities that are expected of a potential employee by the governing organization, the average Canadian company requires the candidate to be proficient in French, apart from English, since a large fraction(around 23 per cent) of the Canadian public uses French as the daily means of communication. English and French have been recognized as the official languages of Canada and this has been stated in the Canadian Charter of Rights and Freedom, the Official Languages Act and the Official Language Regulations. Honesty and diligence are other factors that the employers enlist in the job description. Testimony to this is the fact that Canada stands 9^th out of a hundred and eighty countries in the Corruption Perception Index, published in 2008 by Transparency International. Certain Canadian organizations also encourage young employees to further their knowledge levels by funding their research programs and higher education.

Thus, in many ways, the job description serves as a necessary tool that is used in the screening process of candidates applying for a job in Canada.

What is Loans for people?

Money has been lent and exchanged in various forms and according to persons needs since a long time. Even before the advent of money as such, the barter system was widely in practice as a means for man to acquire material. Man’s craving for material has undoubtedly led to a vast system of loans and mortgages that enable customers to purchase goods with minimal stress on their own pockets.

Loans are basically lending of money by the ‘lender’ and the person receiving them is called the ‘borrower’. The principal amount loaned out to the borrower has to be repaid in regular and equally-timed installments that amount to the initial loan amount. Over and above the amount loaned out, the borrower is also obliged to pay an interest, which essentially is an incentive for the loaner to hand out the loan. Although the term loan is largely associated with monetary exchange, in certain cases even materials can be lent. Loans can be classified into two types- secured and unsecured. A secured loan is granted upon the borrower pledging some asset as a security for the loan amount. Auto loans are secured too, but their validity and the amount depend largely on the usefulness of the car being secured. Auto loans can be of two types: direct, where the bank hands the loan to the customer directly and indirect, where there is a dealer acting as an intermediary between the customer and the financial authority. With global recession and indiscriminate job-cuts being the order of the day, a lot of Canadians find it a cheaper option to finance their automobile purchases through financing.

Loans for higher education are easily attainable in Canada through the Canada Student Loans Program(CSLP). These loans issued to full-time students are interest-free. Financing is available for part-time students too through the CSLP but they must make interest payments while in study and begin payments of principal and interest when their period of study as a part-time student ceases. Students with permanent disabilities or students from low-income families are also facilitated in their study with grants. The Canadian Government also helps finance small and new businesses through grants, loans, guarantees, subsidies and tax benefits. Under the Canadian Small Business Financing Act, the government can guarantee loan to a small business to a maximum of 85 percent. The advantage being, if the borrower defaults on a loan, the bank is safeguarded. Other government organizations of note that lend in Canada include the Canada Mortgage and Housing Corporation, that helps housing plans across the country and Farm Credit Canada, which is Canada’s largest agricultural lender.

All these organizations fall under the Canada Crown Corporation, which is a state-owned enterprise and runs the general functioning of the country. Some of the important financial organizations that fall under the purview of the state-owned Crown Corporations are: Bank of Canada, Business Development Bank of Canada, Canada Mortgage and Housing Corporation, Canada Commercial Corporation, Farm Credit Canada and many more.