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Will the fast stooze return?

is_the_kettle_on · 2010-12-26 01:54:28

(sorry this thread should be in the stooze area) Hello all. I have a question for your consideration. Will the fast stooze (money in high interests savings being shuffled around via 0% balance transfer deals) one day make a comeback? Sure at the moment most believe it's not really worth the effort for the return (given the…

Comments

Consumerist Posts: 6,311 Forumite

10 January 2011 at 11:13PM

thenudeone wrote: »

When interest rates start to rise by a % or two, it shouldn't be too hard to get 5% (3 years ago I was getting 6½%).

It will be interesting to see whether interest rates currently at around 3% keep pace with rises in Bank Rate until Bank Rate gets much close to 3%.

Warning: In the kingdom of the blind, the one-eyed man is king.

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