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Free £100 anyone??? (maybe £110?)

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

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.
  • Free use of £100 I suppose.
    ...............................I have put my clock back....... Kcolc ym
  • 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 tommy
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Overdrafts are repayable on demand, I believe.
  • You are not a loan in thinking this !
    ...............................I have put my clock back....... Kcolc ym
  • Woby_Tide
    Woby_Tide Posts: 5,344 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    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 eventually
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