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Super Balance Transfer & Simply Spend

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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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  • NickX
    NickX Posts: 3,046 Forumite
    JK7331 wrote: »
    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?

    No reason at all, its a good idea actually :beer:
  • Going to sound realy thick now but what is a super balance transfer and simply spend method.Thankyou.
  • NickX
    NickX Posts: 3,046 Forumite
    Going to sound realy thick now but what is a super balance transfer and simply spend method.Thankyou.

    Super Balance Transfer (SBT) is a term coined my Martin meaning a transfer of funds directly to your Bank Account rather than to pay off another card debt. You can therefore use this to create a large stoozepot straight away.

    Simply Spend (or Slow Stooze) is an alternative approach where you use the Credit Card for spending and at the same time move an equivalent amount of money into a savings account. This method slowly builds up the stooze pot.

    Hope this helps.
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