-
0% Credit Card to pay off Overdrafts??
Not sure if this is the right place for my question but any advice would be gratefully received. I have an O/D with Natwest current limit £600 My OH has an O/D with RBS current limit £850 We have a joint account with Abbey current limit £400 We are trying to reduce the O/D to a more manageable amount (ie £0!) but are…
-
Is this right?
Ok I'm going to have a go at this stoozing lark... Would I be correct in thinking that I need to open up an Egg Money Card to use as a 'mule' account Then I need to find a 0% on balance transfers card - can I use a 0% on purchases card? ask to pay off the balance on my egg card with my new 0% card Then transfer the money…
-
Money to pay tradesman
Hi all. Does anyone have any advice on how to pay a tradesman? I would love to use a credit card to get 12 months interest free but they don't take them. I know i could use egg card loophole but is there any other way? Perhaps creditcard cheques or is there a better option??? Roughly £4000 required Thankyou
-
stoozing with icic hisave
Hi everyone, I have been reading up on a few articles like the credit card tart and stoozing and was hoping somebody could let me know if it would be worth it to use the egg card trick to put money into an icic HIsavings account for a year before the 0% balance transfer runs out on the credit card( i havent chosen a credit…
-
Advice needed please!!
If anyone likes a challenge please feel free to advise: Here's the idea but need some intelligent folk to help me get my head round what to do and how to do it!! :confused: We have purchased a car for £9k on a hire purchase deal at 0% for 12 months therefore making the payments about £750 per month. We have the money to…
-
Virgin Stoozer
Hi All Please can someone assist with BT fees. I am just about to take the jump into CC Stoozing and have obviousley miissed the fee free BT offers. So if i accept the fact I am going to have to pay for my gain How do these fees work. * Are they payable straight away? * Are they added to the balance? * Are they treated as…
-
Balance Transfer to pay off mortgage
Hi would appreciate some help on use of a credit card here as not sure if this is possible.. we have £10K in a variable HSBC mortgage (6.75%) to minimise the debt/interest paid we would like to take out £10K on a credit card (or 2 if we cant get high enough credit) - we have good ratings We could pay this off inside 12…
-
Dump a card or keep it?.....
Hey all, advice from those in the know would be very helpful. I've just (days ago) transferred from a MBNA card to a Natwest one so now have an empty MBNA card, obviously they haven't come up with any good rates for me yet. The Natwest card is a 13month 0%, so I won't be 'needing' another CC for 12 months. I know the…
-
stoozing with balance transfer fees
Hi everyone, I'm new to MSE and to Stoozing, the site certainly does make for some interesting reading. Anyways, I was wondering what peoples views were on "stoozing" as described by Martin in his article using balance transfer cards with a fee. In his article he described the use of a good fees-free 0% interest on balance…
-
Skycard 2.99% - stooze @ 6.3%
Non tax payer. £9000 available via promotional cheque on 0% until 1st May 2008 with 2.99% fee. Put in ICICI account @ 6.3%. Any reason why this wouldn't be worth it? I'm not good at working out the interest figures etc but face value it seems ok?
-
business back up cash
I've read varying reports about stoozing, and read martins article However, i just need your advice incase i'm wrong I'm starting a business and money will be tight, I dont want to get a loan as I think I can cope, However, I want a security net that will enable me to access money incase things go wrong I was thinking of…
-
Help with a Calculation Please
hello All, Please could someone help me with a calculation to help me decide if this is worth going for or not. Have a Flexible current account mortgage for circa 150k.@ 6.5% Have a halifax credit card with credit limit of 10k and they have offered me a 0% deal for 5 months with a 3% handling fee. So, if I get 7k on the…
-
Cashback...without spending money!
a quick scenario...I like to call these 'scenario's' as then it doesnt mean its advice hehe (credit card cut off date 7th of each month- payment date 1st) on the 8th of January, you buy a TV (therefore giving you the maximum time to pay it off) on a cashback credit card (lets say at 2%) the value is £500.00, giving you…
-
Sorry...another thread about Egg!!! a new topic though!
Hey, I apologise again! another thread about Egg....I think they should sponsor this site for the amount of bloodey advertising they get from here!! lol My queery was about credit limits. They have given me a miseley credit limit, it doesnt matter initially, (as you can always put it in positive balance, however it does…
-
HSBC 0% until April
Me and Mrs Mac both have one of these 0% on balance transfers until April next year:j Got a letter saying the 0% runs out in August:confused: Checking it out, this is for anyone that used it for purchases, not transfers:rolleyes: Just a warning not to :eek: and pay it off. Like I almost did:o
-
Is this a good Deal?
I have just come off the phone with MBNA. I wanted to see if i could use them before i dump them due to the conran saga. They are able to offer me the following deal and i am not sure whether to take it or leave it and if i will lose any money. I plan to put the money in to the icici fixed deposit account at 6.30% for one…
-
Nearly New Stoozer - Egg ?
I've been playing the 0% game now for a few years and have had money stashed away in savings accounts working for me, but have never got my head around the EGG money card. As my choices are now very limited and BOI have let me down with a lost application I'm left with the following scenario of 6K to move from Sainsburys…
-
Decrease available balances?
Hey all, All financially aware savy money saving experts please read and advise!! I now have four credit cards, all for different things. The last card I applied for was an egg card, who gave me a misley limit. Doesnt matter too much because I will put it in positive balance if I need to spend more on it what I was…
-
To close or not to close......that's the question!
I have been slow stoozing on Morgan Stanley's cashback card for a year or so and acquired the M&S &more card back in January to carry out the traveller's cheque stooz - which is successfully held in a cash ISA (NS&I). I recently acquired the Halifax One card and am slow stoozing on this, so I will be using this to make all…
-
Advice needed please.
I currently have credit card debts of around £9000. They are split between a M&S card, 4.9% for life of balance and a Halifax one card, intrest free on balance transfers until feb 2008. Im keeping on top of the repayments, just about, and i always try and swap the balance around to different companys when the 0% offers…