Stoozing: free cash from credit cards

Archives for May 2008

0% credit card - but cant BT
Hi I cant BT, but have 0% for 1k for 6 months. I wanted to BT to a bank account but the CC wont allow this. I can spend the money, but only spend about £200 a month on CC's. Is there anything anyone can suggest to access the funds? Wondered what I could be which can be transferred to cash? Help appreciated Thanks
Virgin Money transfered too much?
I tried my first attempt at stoozing this week asking for a 95% transfer when I activated my card. I then phoned up to increase my balance and asked for a transfer of 95% of my available balance. The second transfer is showing in my cc accout now and somehow I've ended up £75 over my credit limit... Unfortunately I don't…
credit rating info required
I recently applied for a abbey card which was approved, I was told the application would then be sent to the under writer for a credit limit to be approved. 5 weeks later and no movement on the application I canceled the application and made a formal compliant. what I would like to know will this hurt my credit rating ?
Possibly another daft stoozing question???
Ok, here goes, Lets say I have a mortgage 2 year deal due to end and am about to remortgage. I have £100k outstanding, lets say the repayments are £750 a month. I then apply for 5 x 0% credit cards, each with a £10k limit. I then use the £50k to pay a lump off my mortgage as I transfer to my new 2 year deal (my new deal is…
Egg Money - What is 95% referring to?
Can someone confirm the following for me as I'm struggling to find an answer which I can understand fully. The Egg Money FAQ says: [FONT=Arial, Helvetica, sans-serif] Yes, you can transfer balances from credit, charge or store cards, loans or overdrafts. There is no charge to make a balance transfer and you can ask us to…
Egg Money - Stoozing & Normal Use
If an Egg Money Card is used for stoozing, is there an adverse effect on the ability to use the Egg Money card for credit and/or cashback?
Very basic stoozing question.
Excuse me for being a bit thick but... I have got a new Virgin CC with 0% for balance transfers for 15 months and 3% fee. I applied for this to transfer the balance from another card and a loan, which is done - and I still have a spare £1k within my credit limit. I've only just realised that I should probably transfer this…
How much credit can you ask for?
Is there any way of estimating how much credit you can apply for? I just had a call from CC company after I requested an increase and I had to name a figure. I decided to only increase by 1300 and it went through instantly, but if I'd gone too high would it be black mark on my credit history?
HSBC Purchases Repeat?
Shortly coming to the end of the 12 months 0% for purchases and have BT most of the balance to a new 12 month 0% deal on the Barclaycard Football, another £1,500 has to come from the stooze pot as Barclaycard wouldn't give me the limit I was hoping for. Anyway, I know that more often than not when you go through to the…
Cash back credit cards
I am not sure why Martin does not mention the Barclaycard Platinum card. It gives 2% cash back on all petrol and supermarket purchases and 0.5% on all other purchases, credited monthly up to a limit of £15 cashback a month. Usual caveat: must pay off monthly bills every month.
Which of these credit cards is the most generous with credit limits?
Out of these SBT credit cards mentioned below, which one would you say is the most generous in giving good credit limits : - MBNA Platinum - Mint - Abbey - BMI Amex - Sonycard Of course it differs individually but what id like is a rough idea of the credit company, which will give me the best chance of a high limit if i…
barclaycard / is it worth it?
ok so i aplyed for a barclaycard with and a few days lated i got a letter saying they cant offer me this card.. but they will offer me a different one. from what i can tell in the letter they say "the card is ready and waiting" but im thinking my limit will only be around (minimum £250 - monthly wage £1119) but for 14…
egg money
hi i currently have a postive balance of around 9k do i ring up egg and they will transfer it in to my current account and is it done in 4 working days ? and i am waitning to see what the credit limit will be on the new abbey zero cards one in my name and one in my mums thiers no limit on how mutch money they will trasnfer…
MBNA SBT promotion - need High interest savings account!
Hi, Just received this promotion on my existing MBNA Platinum card... 0.0% until March 2009 on all balance transfers to a current account providing you complete a balance transfer to a current account before 5 August 2008 A transfer handling fee will apply of 3.0% of the transaction (minimum of £3.00) So basically 10…
Stoozing with offset mortgage
I saw Martin Lewis on GMTV this morning and was talking about stoozing. He briefly mentioned how one person managed to pay off his mortgage using stoozing credit cards with an offset mortgage rather than with a savings account. Can anyone explain how this might work? Thanks.
First Direct Gold card 0% for purchases - query
I am intending to apply for a First Direct Gold credit card for 0% purchases. I recently opened a FD current account. Does anyone know whether getting the FD Gold credit card would affect whether I get the £100 if I choose to switch my current account with them before the end of 12 months?
Stoozing...Forgive my ignorance.
Hi. I suspect there is a wealth of info on this forum but eventually it gets too much to take in for me ( being far to simple! ) From what I understand I contact virgin and basically ask for a credit card ( the 15 month 0% one ) and ask for their ( balance payment ) cheques? When I get these I write one out to my high…
abbey zero credit card
apologise if this has already been posted. Abbey has a new credit card called the zero credit card. 0% on purchases, 0% on BT 0% BT fee 0% foriegn exchange and 0% cash advances
Ulster Bank credit limit
I was in the process of applying for an Ulster Bank credit card with the intention of transferring a balance @ 0% for 6 months. At the end of the approval process is was given a credit limit of £2,000. I aborted my application. I have now reduced my Egg Money credit limit down to £500. How long before my credit record will…
Egg card - how long before re-applying
Hi everyone, I had an egg card which I cancelled a while ago. It's showing settled on 31/07/2006 on my credit report so I guess that's when it was cancelled. Any idea how long I have to leave it before applying for another one? Will give me another balance transfer? Looks like my credit limit at the time was £15,000 - is…

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Stoozing: free cash from credit cards

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