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Missed minimum payment on HSBC card
I have missed the minimum payment on my 18 month 0% hsbc credit card (thought I set the dd up when applying but it seems somethings gone wrong). Do I lose the 0% interest for the whole of the 18 months - ie I smay as well pay the whole balance off now?
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Curve Card technique - withdraw cash on any credit card with no fee
Hey guys, Just thought I'd share a quick tip for you fellow stoozers if you're not aware already (I didn't see a thread for this in the sub-forum) If you apply for a curve card (you'll need to do it through the 'Curve' app on iphone or android) you can add any card to the app and then pay through the selected credit card.…
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New to Stoozing next step
I am new to Stoozing but I've just been running up a card towards the credit limit on 0% purchase over the last 6 months. 0% Deal on £6.5K lasts until June 2025 with Barclaycard. Assuming they don't automatically extend my credit limit, what is the best next step if I want to continue this activity with larger amounts? Is…
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Stoozing newbie- help
Hi Looking at starting stoozing but I am not sure if the sums add up at the moment. Looks like I would be eligible for 0% credit cards for approx £3-5k limit for 18-24 months. Plugged those figures into the stoozing calculator and looks the profit would be similar to earning cash back with say a Chase debit card over a…
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Stoozing card that also has no transaction charges for abroad
Are there any cards with 0% deals that also has free transactions abroad and/or free cash withdrawals abroad?
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Stoozing with a Money Transfer card - figures sanity check
Have stoozed before but a long time ago. With interest rates on the rise, it looks like stoozing with a money transfer card might be profitable? Specifically looking at the MBNA 14-month 0% card - soft search suggests I'd get a £14k limit, so a £490 fee (3.49%). Rough figures over 12 months. Minimum monthly payment over…
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Curve now charging a fee for supermarket cashback on underlying credit card
Curve have apparently just taken a further step towards utter uselessness for me. Just been to Morrisons and got my usual £50 cashback at the till, only to find Curve have added £2 onto the amount charged to the underlying credit card. They seem to now be treating cashback obtained at a supermarket till the same as ATM…
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NatWest Group credit cards - what's the opening date?
Hi, I recently got a NatWest Credit Card with a 0% deal on - Balance Transfer (for 14months if done within 3 months from opening) - 0% purchases for 3 months from opening deal. I use the card for stoozing, so was thinking I can use the 0% purchases for the first 3 months to offset the minimum payment to maximise benefit. I…
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Is stoozing worth it in this scenario…?
Hi everyone, I wonder if people can advise me if stoozing is worth it in the following scenario… I’ve recently opened a new 0% purchase credit card with M & S that I’m yet to use. I have an instant access savings account paying 5.2%. At present I do most of my day to day spending on my Chase debit card (and therefore get…
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Money transfer offer: what max amount should I use?
I have a 20 month 0% interest money transfer offer for up to £5,400. My card limit is £6,000. Should I go for the full £5,400 or for less? I am not worried about the impact on my credit reference files as they are in good shape, and I won't need to apply for any loan / mortgage etc. The fee is 3%, and I can get a 6%18…
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% Balance carry over from one stoozing card to the next
Hi all, I took out a 20 month 0% purchase credit card with a limit of around £9k that I expect to max out before the term ends. Ideally, I would then (if deals still exist and acceptance allows) transfer this to the longest 0% card with no fees, to continue stoozing. While my credit history has no faults, is good, and I do…
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Time to Stooze again
Now rates are back up thought I would have another go at Stoozing Just applied for the following 2 cards Natwest 0% for 14 months with no fee, Credit Limit of £10k, balance xfer limit of £9,500 Tesco 0% for 15 months with 0.99% fee, Credit limit of £9,400, balance xfer limit of £8,930 I shall use my Halifax Clarity card…
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Mbna 24 months @ 6.9% no fee
Ive been offered the above deal as a money transfer deal. Is there anything to stop me taking it then immediately transferring the debt to a 0% card with no BT fee, to avoid the 6.9%?
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Can you use the 0% credit card to pay off your mortgage or move money to your account?
The stoozing guide just says to use the card for your daily spending. The thing is, I don't spend and the biggest expense by far is my mortgage. Can't I use the 0% credit card to pay off my monthly mortgage payments somehow? I know withdrawing cash is not allowed (will incur interest) but that's not the same is it?
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Cash Transfer fees
If I am offered to take out 10K in cash for 12 months, for a 5% fee, does the fee represent the interest rate, or is the effective interest rate higher. e.g. if the 500 is added to the 10K, my balance is 10.5K so that is 5% fee. However if what they mean is that I will only get 9.5K and £500 will be taken for the fee, then…
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HSBC CC: reloading BT
Hello all, I'm coming up to the end of my promotional period with my HSBC credit card for my 0% interest no-fee balance transfer. Was wondering if anyone had any experience "reloading" another BT once the full balance is paid off? By which I mean - does HSBC tend to re-offer this 0% no-fee promo on the same card once the…
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Bank transfer before moving cards
Hey Everyone, I am considering doing a bank transfer (approx £1k) ahead of moving to a new 0% deal in order to make a cash purchase. My plan is that although I will be charged a transfer fee for this, I will avoid the huge interest rates this would attract as I would be closing the account shortly after (and moving the…
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Offers for BT or MT
My existing Barclaycard is offering me a 0% BT for 20 months (3.3% fee) or 0% MT 19 months (3% fee). I am tempted to take the MT and add it to my stooze. From looking at the ts and cs I believe I could do this now, then let the next DD go through for the previous statement total, cancel the DD, make a manual payment to…
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Stoozing end of the line - Some Advice Please
Hi I have been stoozing for around 10 years, my current pot is £38K spread
over 8 cards. I'm now finding new offers on my existing cards drying up. In the past I
would empty a balance transfer card when it came to the end of its offer
period, leave if for a few months and then a new attractive offer would pop up.
I’ve an…
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BT offers - 0%?
I took out a Lloyd's card in June with a 15k limit. Interest free till Nov 24. Currently it's sitting at 10k balance so I have a few more months before I need to switch/obtain another card. I've not stoozed before but at these rates it makes sense, as well I can rapidly pile up the stooze account as a some of that 10k is…
