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0% Credit card to make lump payment on mortgage
I posted this on the mortgage board but someone suggested i posted here too. Can anyone help, as I'm not sure if A0 its worth doing this and b) joe_bloggs has said its not something you're supposed to do We have a flexible mortgage at 5.39 % with a balance of approx £75K and a remaining 16 years. We are able to make…
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stoozing disaster story
My stoozing activities took some punishment overnight! Contributing factors: 1. Spending CC now via DD for full amount. 2. Holiday - resulting in high CC balance and going over (lowered!) CC limit. 3. £1000 standing order to (stooze pot) A&L current account. 4. DD minimum payments for stooze CCs. All funds are coming from…
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Credit Scoring and stoozing/tarting
The Credit Reference Agency, Experian, has answered detailed credit scoring questions from stoozers and rate tarts here. Some interesting answers. Clariman
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Ideal Number of Stooze Cards
What do experienced Stoozers feel are the ideal number of cards to hold? I currently have: Egg Money (mule card) Sainsbury's Bank (0% on purchases) - Limit £4,000 Macmillan Cancer Relief (0% on balance transfers) - Limit £6,800 HSBC (0% on balance transfers) - Limit £7,500 GM Card (0% on balance transfers) - Limit £6,300…
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Egg Money Application
I have an Egg Green card with a large credit limit and applied for a money card which I thought would now be of more use. I said that I would just like to transfer some of my limit to it and then intended to close the green although I didn't tell them that. I was asked to phone them and was invited to enter an honest…
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Abbey balance transfer - stick to your guns!
My husband applied for, and got, an Abbey credit card back in September (as per the instructions on this site). We applied through Abbey itself (on the phone) and not through MBNA. Double checked that we could get a balance transfer to our bank with no charges etc. Everything went perfectly smoothly, and we bought £7K…
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Stooze Pot and Minimum Repayment
:confused: As some of you may have gathered from my previous posts, I am fairly new to this stoozing lark. I have just obtained my first card, a charity card from Bank of Scotland from which I have transferred the entire credit limit to my Egg Money card. My question is this, the minimum repayment is 2% each month which…
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Help me increase my stooz pot!
Current situation: Virgin 9 mths interest free - £2790 (ending 17 June 06) Just been accepted for Mencap halifax platinum 0% interest 9 mths (don't know credit limit yet) I have applied to transfer the balance from Virgin to Mencap, but am wondering if there's anything I can do to increase my stooz pot e.g. could I still…
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What's next for me?
In the last 3 months my credit rating is certainly hammered due to CC applications in succession and credit searches. February- Got my Egg Money card and stooz my Amazon card March- Applied for Nationwide Flex Account and was successful April-Applied HSBC CC via branch also successful and also being stoozed - last week of…
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pay credit card on time or early
:A I'm sorry if this a stupid question but I know someone will help me here. We are struggling to repay debt and are looking for any saving however small. When you get the credit card bill do you save any interest by paying immediately or should you time the payment for the due date. Thanks for all the support we get…
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stooze with virgin c/c cheques
After having my virgin card for ages they have finally sent me a really good deal :D I have BT or CHEQUES at 0% till october, and I have 13.6k limit. It says handling fee of 2% (min £2, max £35). Can I just check to be sure, I can write a cheque to myself for £12,920 (95% of limit) and then deposit it into my websaver…
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Moving a Balance Transfer where's there's no debt
Hello everyone. I've been stoozing my credit card which is currently £2k, and was gonna pay it off at the end of this month. But I saw the capital one advert and thought I would stooze until Aug 07. But, could I do a balance transfer from my regular credit card where there is no debt (or little debt) on the card? I.e. say…
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Credit card cheques
I have a dilema. I need to get a £6000 loan, but want to pay it off very quickly (in the next 2 months), so I don't want to get a standard loan that ties you down to a year or more. I'd also like to get it as cheaply as possible!! I had an idea that I would pay the £6000 into my bank account using a credit card cheque,…
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Cashback and balance transfers (Egg Money)
Just to give my experience ... I used my Egg Money card as a mule, and I called them up, and asked for a transfer money from my Egg Money card -> my current account and they gave me cashback on the amount (£5000) to the sum of £50. I didn't try to do this intentionally, but it seems they do this by way of a BACS transfer,…
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Free cashback using stamps?
I had an idea the other day that you could purchase £200 worth of stamps on a 0% puchases cc (assuming it appears on statement as a purchase) then take them back for a refund (in cash). I believe that stamps are classed as legal tender, cash, either at a post office or via a postal order. If this worked it could be a…
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increase NSPCC credit limit?
just got accepted for a NSPCC cc - limit is £3600. it's my new stoozing card but i currently have £8000 with egg. i phoned up NSPCC and asked for a possible increase but i was told they would only consider it after 6 months. i think i've read somewhere here that they increased the limit before that. should i ask again when…
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Do I need my Egg Green now?
I currently have 3 CCs:- Egg Blue (Money) - for daily use to get cashback, paid in full every month. Lloyds - current stooze card. Egg Green - for anniversary and mule for stoozing. Now the Egg Green has uncapped fees on anniversary mule stooze, should I close it? Does it have any value now :confused: ? Is there another…
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Are stoozing days over?
Hi there, I think I may have missed the stoozing bandwagon. I am now in a position to give it a go, but everywhere I look there are fees for balance transfer which would make the time spent on the whole exercise just not cost effective (am using the principle that an hour of my time costs what others pay for it when I am…
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How to avoid the minimum payment
It's remarkably easy to avoid having to pay the minimum payment on many credit cards with a 0% purchase facility. After you get the statement, simply buy something with it that is more than the minimum payment from somewhere that has a no quibble refund policy and then take it back. The credit card refund is treated by…
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barclay card
hi,i need help,i have a barclaycard and owe £5,000 on it can't pay it off in one go,can anyone suggest the best or cheapest way to pay it off e.g get a different card and swap it over.
