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Is there a limit to Stoozing
Hi, I’ve been stoozing on 0% cards for years now, with savings interest now up from historical lows it’s really starting to pay. My question is this, Is there a limit on how much you can get away with stoozing before the banks start declining you new cards? I currently have around £12k over 3 0% cards. This is making about…
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Pay off balance and then borrow again at 0%?
Hi Forumites, I have a question re stoozing. I have a credit card balance of around 13k, I also have just received a private pension payout. I need to buy a car but I'm thinking of clearing the credit card debt and then arranging a cash transfer up to the 13k again so that the debt is 0% until the deadline. My question is,…
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Stoozing and mortgage application
As a fairly common issue/question with Stoozing is how it might affect mortgage applications, so I thought it might be helpful to give my recent experience with a mortgage application (Yorkshire Building Society). We planned to buy a new house in my wife's name only, and kept her Stoozing quite restrained (68%…
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Ulster BT
Hi all. Has anyone else managed to do a BT through the Ulster app? I don't see the option so wondering if phone is the only way. Does anyone know if its an automated method over phone?
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Is it worth keeping card accounts open?
I am stoozing on four cards at the moment, current balance is around £12k. I have a credit card with Virgin with £2200 available and Santander with £4000 available. Is it worth me keeping these accounts open for when the 0% period ends on my other cards next year, or will closing them generate more offers for 'new'…
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New Credit Card Barclaycard
Hello everyone! I’m new to credit cards and have a few questions. I’ve come across a Barclays card that offers up to 22 months interest-free, and I’m wondering about the best way to use it. * Can I use this card to pay for building service charges, car insurance, or even council tax? * Besides everyday purchases and…
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Quick way to create debt
Having recently cleared all credit card debt, I've been offered a fee free 0% BT on an existing card. I have very little spending coming up in the next month and looking for ideas to create £4000 worth of debt on my spending card that I can BT to the 0% deal card. Was thinking of making a large purchase, transferring the…
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Stoozing: Make Free Cash from Credit Cards article discussion
This thread is to discuss the updated Stoozing: Make Free Cash from Credit Cards article Please click reply to discuss
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Lloyds credit limits
What kind of credit limit can you expect from Lloyds interest free credit card? I'm asking as there seems to be large variability in the interest free credit limits offered, e.g. my Barclaycard is £4k and Virgin is £12.5k. I'm getting another credit card for stoozing and I'm preapproved for both Lloyds and MBNA. I've…
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2 cards with the same provider?
Can you have
two credit cards with the same provider? I have a long-standing
credit card with Barclaycard, over twenty years. I’ve just noticed they are
offering a O% on purchases card for up to 21 months. Now I would love to go for
this so I could do a bit of stoozing but would I be rejected due to having a
card with them…
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Barclaycard 0% card they are increasing my credit limit
I have a stoozing card on 0% purchase with Barclaycard and they just sent me a letter saying that they are going to increase my credit limit (I did not request this they just said they are going to do it unless I decline). Can I assume that my 0% deal until August 2025 applies to the entire increased amount (it doesn't say…
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Stoozing -upping the anti and Move Funds Fees
Hi I have kind of stoozed to an extent for many years, whereby I get 0% cards and spend day to day on them until the 0% period ends or I have maxed out. I then pay them off just before the 0% ends, close them off and apply for a new one. By doing this I save money and earn interest elsewhere (although typically in shares…
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Best mule / strategy for new player
I'm relatively new to this game, have been 'slow stoozing' i.e. pushing all my daily spend to a 0% purchase card (HSBC purchase plus) for a while but I'm looking to up my game as it's going a bit slower than I'd like. I hold a bunch of AMEX cards (nothing to do with stoozing, just for benefits/rewards) as well as a…
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Closing out a card
One of my card's 0% deal ends in December and I may have to pay off the full balance (if I can't shift it to another deal). It's my first time and I'm wondering how best to do it. - Change the existing minimum amount DD to the full amount (but need to time it right so the last payment before the deal ends does actually…
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Stoozing - time to move cards - BT or purchase help please
Hopefully a quick one. I've got a stoozed balance on a card, and have secured 2 new 0% / 0 BT fee cards to move it onto. We've also got the outstanding balance on next year's holiday to pay. Figured I might as well stooze that rather than paying it off now, and chuck the money in PBs. My question - the second card I've…
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Do "Curve Fronted" transactions count as "Purchases" on the underlying card?
Just opened a Halifax 0% Purchases card, with the intention of just "slow-stoozing" by using it for my day-to-day spending (plus a moderate amount of mnfrd. spend) until it's full. However, it just struck me that, with easy-access savings interest rates in excess of 5% available, it would actually cost in to cough up the…
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MBNA Mule Card - Offer removed?
I've noticed that my MBNA card is no longer offering zero fee money transters (instead just the 0% with x% fee option). Has anyone else had this? Is it just that these come and go or is it a wider change?
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0% Balance transfer and add to ISA
So, I've got 8k on a credit card at 0%. I could either: a) pay off the 8k or b) balance transfer to another card for a 2% fee for 20 months (I think works out at about 1.3% APR) and then use the 8k in an ISA earning ~5%. My parents would say pay off the debt before saving (and I can hear Martin saying it too), but to me it…
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2nd virgin card
Has anybody applied for a second virgin interest free credit card? If so, what kind of credit limit did you get compared to first one?
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Beginning to stooze
I think I can begin. I only have a credit card with lloyds and all I've done so far has been monthly spends and pay that back after the month's interest, so like £5 but I do have a money transfer with it which I've never used for 10 years. How do you apply for these massive amounts of credit MT?
