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Should I move my savings from Offset Mortgage (AER 1.89) and invest elsewhere?
I wish I could say I am good at managing my finances but the truth is that I have been extremely lucky.In April I was able to get a 5 years fixed 1.89% EAR Offset Mortgage.I have really been lucky, it is crazy to think that people out there is actually going to have life changing consequences of these days' mess. I am…
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Stooze, How to start?
What’s the best way to start a stooze pot? Looking for mid 5 digits-ish My journey so far: - Accepted for Halifax CC, small limit, hoping for a no fee Money Transfer offer - Waiting for NatWest 22month BT card - Waiting for a curve card metal card As far I can tell, my only option to accrue debt with minimal fee’s is via…
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Mortgage stoozing
Has anyone tried to replace some or all of their mortgage with 0% credit card debt ? I have a repayment mortgage where overpayments are allowed free of charge. I am planning to pay off the mortgage with a few 0% credit cards and then transfering the balance when the 0% offer ends ad infinitum. Has anyone else tried this…
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Holiday Conundrum
Hi I think this
is classed as a stoozing question, apologies if not I
have been saving for the last 4 years for a major holiday for my wife’s 50th. I
have the cash now in an easy access account, ready to pay in Feb. I
thought that I could squeeze more out of this situation by putting the cost of
the holiday on a 2yr 0%…
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Direct debit or not?
So, I've only ever had credit cards with direct debits and paid off in full every month. I'm now looking at opening a 0% credit card which I won't want to pay off in full until I have to (Cash going into a savings account). The application is asking if I want to set up a direct debit. I'm thinking not in this case with…
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Money transfer mbna
I've been offered an MBNA money transfer card at 2.99% fee with 0% interest for 18 months. £10k limit Mortgages fixed until 2025 so no credit score concerns. I notice the top 1 year fixed rate is currently 4.6% but is this likely to go up a bit more? Is this worth me doing?
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Max out ISA with Credit Card
Hello So I want to max out my ISA with a 0% credit card but not sure which cards will let me do it without charging me interest. Anyone got any experience of pulling this off?
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Can I still transfer the balance?
Hi. I was trying to move a CC debt to earn a few quid via TCB. Thought I’d been really clever until I discovered the credit limit that they’ve agreed to doesn’t cover the amount! 🤦♂️ So half of the debt will be transferred pretty much but my questions are: 1.I’m guessing I’ll be accepted what with good credit rating to…
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Money transfer - fast stoozing
Hi all, This might be morally highly questionable so apologies in advance if this should be against any rules. However, I have 3 credit cards, just applied for another 2 and e.g. Halifax and Lloys easily wave me through their soft checkers with 12k and 13k limits for another 2 (this would bump me easily over 50k combined…
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Spree card charity visa
Hello I’ve been signed up and happily using the charity worker spree card since spring of this year; transferring money from my bank account to the card and getting % back from each spend with qualifying partners. My last successful load of the card was 9th Sep and since then each attempt at transfer (load) has failed.…
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New CC with less APR
Hi All, Ive had a Vanquis and Capital One CC for years and the limit has never increased. I was then offered an Aqua Card with 0% balance transfer and purchase for 4 months. Unfortunately the APR was 59.9% so I've used and repaid in full in the hopes the variable APR may reduce as opposed to limit increases, but capital…
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Balance Transfer
Hi, Could someone help with a quick balance transfer question please? I applied for a new credit card and did a balance transfer for the full balance of my existing card. I forgot that I’m due to make a payment in a few days time to my current credit card company so the balance left will be lower. Will the transfer be…
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credit card help
Hi I recently paid £60 remaining balance on Klana to start snowballing my debt with, I want to tackle one of our credit cards adding £60 to the minimum payments next. I got accepted for a fluid 0% interest card and wanted to do a balance transfer but to my frustration couldn't because the card is in my wife's name. I had…
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Is there a interest free card which allows me to pay tradesmen straight to their account?
I recently applied and received a Purchase Credit Card from Santander ( interest free for 23 months) as i am repairing a renovating my house and i thought i could get the work done then pay the tradesmen directly to their bank AND also use the card for large purchases such as Fridges and Cookers etc Unfortunately, it seems…
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Applying for 2 credit accounts in 1 month
I am travelling to the Caribbean in November and want to ramp up my Virgin points. I applied and was approved for the Amex Platinum charge card this month. I now got marketing from Virgin and have realised they offer 15000 point sign up bonus for their virgin reward+ card. I went into the Virgin eligibility checker and it…
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What 0% balance transfer offers are there from various banking groups?
I have a number of 0% balance transfer cards (Virgin, Tesco, HSBC, Santander) plus a number that were 0% that I have paid off (Lloyds, Halifax, MBNA). Does anybody have suggestions for other banking groups that might offer me a 0% balance transfer with 12 months or more? I realise that it's probably too early to think…
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Santander No Fee 0% BT Offer - Don't be discouraged by the MSE Eligibility Checker.
Just a heads up to others who may be in my situation. I saw the Santander 0% zero transfer fee card which would have been ideal for my requirements. After entering my details MSE eligibility checked gave me a straight 0% chance of approval. Undeterred, I immediately tried the Santander eligibility checker direct, which,…
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CC Balance Transfer, how long should it take?
Good morning, all, I took out a credit card yesterday (Capital One), to make a balance transfer from my Virgin Money Card ~ £1900 When I signed up, Capital One asked for the details of the transfer and the website said it would be done immediately It's not been paid yet and I have a £60 payment to make on my Virgin card by…
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Stoozing and Inflation
I stopped stoozing about 4 years ago with 40k stashed in various accounts. I'm down to 0 debt now. I was however wondering if now in this time of rising inflation is it a good time to start up again. Whats the current thinking on this?
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using balance transfer credit card to shift debt from x2 purchase credit card-direct debit question
I have minimum payment direct debits set up on my current account for paying my x2 purchase credit cards every month. Now that I am doing a balance transfer with both these cards, what happens to the direct debits set to pay purchase credit cards? Do I need to cancel them or Do they automatically cancel when the balance…
