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Online Bank Accounts

In order to streamline your arbitrage business and enable you to have all of your account information at your fingertips, it is advisable to open an online bank account.

FIRST DIRECT
HSBC
A subsidiary of HSBC.
For UK-residents only
International accounts in varied currencies


Credit Cards

Your success with fixed-odds arbitrage will require at least one credit card. However, you will be best served if you are able to use several, thereby increasing the number of opportunities you can bet on. It is a good idea to keep one card as a reserve in case of an emergency when a bet needs to be placed but your normal cards are refused for whatever reason.
Below is a list of cards which may be useful. In many cases, you will earn loyalty points (air miles etc) whenever you use your card and this usually includes transactions with bookmakers.

ACCUCARD
CAPITAL ONE
EASYMONEY
FIRST UNITED
UK
UK
UK
USA
A very flexible card which you can tailor to your own requirements
Using their "Card-Builder" you can vary 3 aspects of the card's account - Interest Rate, Rewards & Annual Fee

The optimal mix for arbitrage will usually be high interest rate (since balances will be paid in full every month), maximum rewards & lowest possible annual fee
Even if you have had difficulty getting a credit card in the past - these are the cards you could be accepted for. Choose from Classic credit cards to those that reflect your hobbies and lifestyle. Earn 1% money back on everything you spend.
Another very flexible card which you can tailor to your own requirements

Using their "Card-Builder" you can vary 3 aspects of the card's account - Interest Rate, Rewards & Annual Fee

The optimal mix for arbitrage will usually be high interest rate (since balances will be paid in full every month), maximum rewards & lowest possible annual fee
Guaranteed approval - simply complete an online credit application

You will receive your VISA or MasterCard credit card within two weeks


Low-Interest Fixed-Rate Loans

Given the high-earning potential of any fixed-odds arbitrage business, it may make sense for you to consider boosting your trading liquidity with a fixed-rate loan. Most active arbitrageurs will make enough profit in the first two months of trading to cover all of the interest payable on such a loan, and will subsequently benefit from a significant boost in profitability.

Loans.co.uk
DIAL4LOAN
INDEPENDENT FINANCE
YOUR LOAN
UK
UK
UK
UK
When you want to borrow money, look no further than Loans.co.uk. You can borrow anything from £3,000 to £50,000 with NOTHING TO PAY for the first 3 months - this will provide a significant boost to your trading profits.
Apply now - complete an application form - it's easy and takes just a few minutes
One of the leading finance brokers in the UK offering personal loans via major lending sources to homeowners and tenants. Loans range from £1000 to £500,000 and can be used for any purpose. They can also help problem cases - where clients have poor credit ratings or CCJs - whom other high street banks may be unable to help
As an independent finance broker offering loans in the UK, IF have access to every type of loan imaginable, a number of which are exclusive to them
Use their online calculator to enter the amount of the personal loan you want for an instant calculation of your monthly repayments.

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