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Query: 0% on purchases - does this mean I only need to pay the minimum?
Hello! I have just received a brand new card with 6 months 0% on purchases. Right now, I have spent about £2000 on the card (all on purchases). Do I have to pay off the full £2000 this month, or just the minimum repayment to avoid interest charges? I'm not sure how this all works, but from the stoozing articles I've read…
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First Direct Application with a Stooze Pot
I currently have a low mortage where the balance is less than one third of our salary. I also have a stooze pot that is worth more then my mortage just under 50% of our salary with of course the stooze pot all sitting in high interest accounts. Now I could apply for the min mortage at FD in an offset account at very low…
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Skycard - extended 0% period
A year ago I took out a Skycard; purchases have been at 0%; my 0% period ends in March. To-day, I received a special offer: 0% Skycard cheques, which attract a one-off fee of 2.99%. The 0% period will end on 1st Dec. The fee, so I have been told, will not accrue interest. The cheques, which are valid until the end of…
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Super Balance Transfer & Simply Spend
Just wanted to check, is there any reason that you can't do the "Super Balance Transfer" & "Simply Spend" methods at the same time with differant cards?
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Post Office 0% BT for 15 Months
Just been in local PO and picked up their leaflet PL3513. The 'headlines' just caught my eye "0% balance transfer for 15 months ....". Obviously some conditions and only posted for those still into Stoozing and might be interested.;)
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Suggestions before the 3% rate gets worse
I'm just wondering where stoozers stand on this recent rate cut. As a tax paying, small time stoozer, is it still going to be worthwhile holding the funds if rates keep dropping? Some of the BT fees were 3%, which means I need at least 3.75% gross interest just to break even on those. As a small time stoozer who doesn't…
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ATM Charges in France
My daughter opened a Nationwide Debit Account as it claimed no charges are made for withdrawals abroad; she is off to France for a year so this idea looked good. Unfortunately, whereas Nationwide don't seem to be making charges on ATM withdrawals, she is being charged by the ATM provider in France. My question is, -"Are…
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Cashback For Business
I am a small business and was wondering if it was possible to obtain a cashback credit card in my company's name. Can you help?
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Stoozing into FD mortgage from Virgin card
I suspect this has probably been asked before but I'm struggling to find it and would prefer answers to my specific query if I am to convince OH that this is an excellent idea! We owe 157400 on First Direct offset mortgage (5.25% interest rate) OH has just been given a Virgin credit card (£20100)!!! We need £2600 of that…
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Lloyds TSB Amex Duo - Airmiles for 0% BT
Just had a letter in this morning "reminding" me about the "full range of benefits" in using the card. They're also offering me a 0% BT for six months, usual 3% fee. And 150 Airmiles for every £ 1000 transferred. Rate available till 3rd April. Have significantly reduced my use of the Amex Duo card since I got the HSBC 0%…
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A balance transfer question, possibly stoozing?
I've read the article on stoozing and have a question about the egg card bit. Is this bit really necessary? I woudn't be putting the credit card money into a savings account, I'd be using it to pay off my overdraft so could I just transfer the money straight into my current account or would this somehow incur me extra…
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BT Transfer to 0 Balance Cards...
Can someone tell me if I can do the following... I haven’t stoozed for a long time and things have bound to have changed.... Capone have said I can B/T for 12 months 0% 3% Fee. I have 16k Avail and have an Abbey Card also at 16K. Both are currently near 0 in terms of balance. Question is can I transfer the 16K to Abbey…
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Capital One/Amex versus Virgin Credit Card
Whilst I think I am normally completely au fait with which credit card to go for (and often advise others) I am now in a quandry which card to use. Capital One offers 1% cash back Amex offers upto 1.5% cashback Virgin white card offers 3000 new bonus sign up and 1 mile per pound or 2miles per pound with the airline Virgin…
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Ulster Bank - Still 0% BT Fee?
Hi All, I started stoozing about 5 months ago by balance transfers from some cashback cards onto an Abbey Zero and then slow-stoozing up to the max limit (Incidently my application went fine and I've fortunately had a hassle-free time with them!) I'm now looking for a BT before the 6 months run out on the Abbey Zero. I had…
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Anyone thinking differently now?
About putting borrowed money in a high interest savings account and hoping it's safe. I bet some stoozers yesterday were feeling a bit uneasy when their icesave account wouldn't let them access it. Being stuck with £12,000 credit card debt with very high interest rates sounds like a risk too high in the current economic…
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Missed a payment - what to do next?
Hi there. I was stoozing with a Virgin credit card and stupidly have made a payment late. The due date was yesterday, the payment will not clear until the next working day, so Monday, and so I'll lose my 0% promotional balance. (I did not set up a DD because I was making the payments from two different current accounts,…
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A couple of questions before I do this for the first time...
Ok, I'm sure that these will have been convered before, but I just wanted to triple-check my understanding was right before I go get myself into thousands of pounds worth of debt :-) 1) I've got my Egg Money Card, my Barclay Card (with 14 months BT at 0% and 3 months of 0% purchases) and a flexible mortgage where I can pay…
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Abbey Have I got this right
I have just had all this explained to me as I got myself in a bit of a mess . I was going to cash in an Isa to pay for a debt on my virgin credit card £5000 and paying a lot of interest . As the isa has dropped so much, is it possible if Abbey accept me with their no balance transfer charge be a suitable place to move the…
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Making money from Egg Money
I've just had a thought. What would the legalities / practicalities / whatever of someone starting a business that helped people get their hands on their available 0% limits? So often we get asked on the balance transfer thread that people want to use XYZ card (which doesn't have SBT facility) to pay an overdraft / loan /…
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MBNA - 'handling fee' vs 'cash transactions handling fee'??
Hello - OH has had a nice offer through from MBNA today - we're interested in stoozing with it as it will really help with our offset mortgage :D But the language is confusing. It says it is a 0% deal on "attached credit card cheques and all new balance transfer transactions." Then it says (in the little print) that "a…
