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Stoozing: free cash from credit cards

Discuss the art of making money by earning interest on cash that credit cards lend you at 0%.

Current account switching service question
Balance Transfer B*lls Up!!
Late last October, following Martin's advice he gave on a tv prog, I applied online for a well-known credit card to take advantage of their generous interest-free period. I transferred the balance from an existing card but, despite the sum showing up on my new card account, the sum owed on my old card showed no change. I…
Halifax Clarity Card
I have taken Martin's advice and now use this card instead of my prepaid Credit Card when abroad which I am a lot. I have recently started to use it for taking out cash . I have Halifax set up as a payee on my bank app and pay the amount taken out immediately. However I find I am still being charged interest. Also instead…
Get Nectar points on every small spend + 20,000 free
This is good news. I’ve never really bothered about collecting loyalty points until quite recently and I have stumbled across a way to get a decent amount of Nectar points quickly and daily moving forward. The best way to build them is to get an American Express Nectar credit card, it pays 1 point for every pound spent on…
My First Credit Card
I have reached the grand old age of 59 without ever having, wanting or needing a credit card, but I'm going to Australia and New Zealand again soon and really need to get one. When I went last time I was shocked by the amount of bank charges I incurred, so I think a credit card is needed. I will set up a direct debit to…
When to cancel credit cards
I have a number of long term of 0% credit cards. Should I cancel the cards once the 0% period is over and the card has been paid off thus allowing me to apply again at some point in the future Also, would I actually qualify for a new 0% deal if I had previously had one with the same company?
Getting a credit card when disabled?
Is it possible to get a 0% balance tranfer card when claiming personal independence payments and EESA ?
Credit card with rewards
Hi All, I am just about to make a big purchase around £9000 and was wondering what would be the best credit card to use to get the maximum rewards/cash back or such like. I have the money to pay the credit card off.
CC interest query
Posted in wrong section.
Credit Card Charges new ruling
Effect on credit score
I have been slow stoozing for a while now, building up a debt on an interest-free credit card, and saving the money instead. A few months ago I realised that old-style Stoozing was now worthwhile again, when I discovered a no-fee money transfer offer in my (little-used) MBNA account. I applied for several 0% balance…
Barclaycard - reduce your interest
Hi all, I couldn't get a balance transfer to move debt from my barclaycard. Interest was on standard rate 18.6%. What to do- I called barclaycard and told them I had been offered 36mths interest free from another company and asked what they could do to keep me as I didn't want to leave them. They offered me 2 years at 6.9%…
Which card
How do people pay mortgages using stoozing?
Hi all, I have read articles and threads in the past where people would claim they managed to reduce their monthly mortgage bill using stoozing. The most memorable example was the forumite 'Stooz' himself/herself, who said that they reduced their monthly mortgage bill by £300. I understand stoozing through purchases,…
First time credit card, how long to wait before stoozing?
Hi all, I have never had a credit card before. Is it a good strategy to take out a credit card for 'bad credit' candidates (like the Aqua card), use it like a 'normal' credit card (pay off in full at the end of the month) and then wait for 6 months? Then after building a strong credit score, switch cards and then start…
Virgin money transfer card rejected
I applied for the Virgin money transfer card 1.90% fee , 0% for 20 months However, I was rejected, Iw as going to use it for a stoozing pot My income is 42k , monthly expenses approx 1200, with 2k debt on a 4k limit 0% card, I have another credit card with 4K limit Anyone else been rejected form these virgin money transfer…
MBNA Money Transfer Offer
Received an email today from MBNA offering a fee-free money transfer offer at 4.9% for transfers between 01 March and 31 March. I just so happens that I applied for a Halifax (£8K credit limit) no-fee, 0% BT card on Friday with the intention of using the MBNA card (5.2K credit limit) as a Mule for a £5k balance transfer…
Stoozing question
Once I have paid off all my current borrowings I want to see if I can stooze or learn about this. I run a company - I can setup an invoice to be taken from the card - Deposited into my personal bank account that way I'd be able to draw 100% of funds from the cards and placed into a savings account almost instantly... It…
0% credit card query
If I set up a DD of X amount per month, and I pay an additional one off payment as there is an option to do .why isn’t that X amount taken. How do I get around it so the one off payment and the X amount is deducted
M&S credit card moneyback offer
Did anyone else see the MSE article about applying for an M & S credit card, spending something like £100 and then getting £50 cash back? Can't remember the exact details, but it looked like an offer too good to miss so we applied for the card. It's all gone through fine - but now I can't find details of this moneyback…

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Stoozing: free cash from credit cards

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Stoozing: free cash from credit cards

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