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Is this how I do it?
rizla01
Posts: 7,260 Forumite
I'm sure that if I searched this forum the answer wil become clear but for quickness can someone answer this for me please.
I can get 95% of my credit limit transfered to my bank for 0% till Nov this year.
So I incresase my credit limit, transfer the 95% into a high earner and reap the benefit till Nov and then pay it back? iS THIS CORRECT?
Is this called stoozing?
I can get 95% of my credit limit transfered to my bank for 0% till Nov this year.
So I incresase my credit limit, transfer the 95% into a high earner and reap the benefit till Nov and then pay it back? iS THIS CORRECT?
Is this called stoozing?
"Unhappiness is not knowing what we want, and killing ourselves to get it."
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Women and cats will do as they please, and men and dogs should relax and get used to the idea.
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Comments
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Yes it is.0
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Or is it? To do so you need a credit card such as Egg Money to transfer cash to you bank account. As far as I know MBNA are another which cater for 'super balance transfers'
John0
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