We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Free £100 anyone??? (maybe £110?)

sharptommy
Posts: 2 Newbie
in Credit cards
Hi all, i believe this may be the first of many messages from myself so here goes.............
Go to rpoints referral website and register........
Use the cahoot link and get 1000 points (worth £10.00).......
Apply for the current account and use the interest free £100 overdraft buffer.....
spend the £100 on anything you like :beer: .......
eat the card on toast (to avoid using it again :rotfl: )......
there you go free dosh, and potentially free rpoints too!
let me know what you think????
cheers tommy
Go to rpoints referral website and register........
Use the cahoot link and get 1000 points (worth £10.00).......
Apply for the current account and use the interest free £100 overdraft buffer.....
spend the £100 on anything you like :beer: .......
eat the card on toast (to avoid using it again :rotfl: )......
there you go free dosh, and potentially free rpoints too!
let me know what you think????
cheers tommy
0
Comments
-
Sorry - I think you're too sharp for me Tommy. Presumably, after spending your £100.00 overdarft, you still end up owing it. So what is free about that? Apart from not having to pay interest of course.0
-
Free use of £100 I suppose................................I have put my clock back....... Kcolc ym0
-
There is no obligation that I can see to repay the £100 so does this not mean free money in a sense????
could someone advise me before i make a minor hiccup in my money saving career????
thanks tommy0 -
Overdrafts are repayable on demand, I believe.0
-
You are not a loan in thinking this !...............................I have put my clock back....... Kcolc ym0
-
there was no obilgation to repay the £250 'free money overdraft' from Cahoot for the last 6 years, until they called time on it a couple of weeks back and made it £100 overdraft only, probably due to number of people using it for this purpose, don't be surprised to see the £100 go by the way eventually0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards