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Stoozing - Tesco Clubcard credit card

Hi All,

I'm new to this game, so please bare with me.

I have recently applied for the above Tesco credit card with the aim of using it to stooze.

I get 15 months 0% on payments. Does this actually mean I could purchase something on day 1 and not get charged any interest at all until 15 months later? Or will they sneakily say that I'll need to pay off the debt within 90 days or something like that?

Thanks in advance for your help.

Kind regards
Joel

Comments

  • jhp
    jhp Posts: 2,342 Forumite
    edited 21 March 2012 at 6:42PM
    Its all explained here and yes the Tesco Clubcard Credit Card gives 0% for 15 months on new purchases,which means you pay no interest in that period.


    See: http://www.moneysavingexpert.com/cards/stooze-cash-credit-cards#calculator
  • tomsco
    tomsco Posts: 174 Forumite
    Just need to pay the minimum payments.
  • What is "Stoozing"?.. (Never heard of this before)

    Anyway, I just popped on to this thread to find out if anyone knows how long this credit card is available for?

    We're in the process of buying our first home and we were thinking of purchasing our household appliances (washing machine, fridge etc) on this card and paying some of the balance off as we go along (as opposed to waiting till month 15 to start paying it back).

    It could take upto 2 months for the sale to complete, so I don't want to apply for the card too early and only have 13months interest free remaining.. (if that makes sense?)
  • Sammie_UK1
    Sammie_UK1 Posts: 67 Forumite
    Sorry to bump this thread.. Just wondered if anyone had any info on the expiry date of this CC?..
  • Ben8282
    Ben8282 Posts: 4,821 Forumite
    1,000 Posts Combo Breaker Newshound!
    edited 22 March 2012 at 3:50PM
    jpcamps wrote: »
    Hi All,

    I'm new to this game, so please bare with me.

    I have recently applied for the above Tesco credit card with the aim of using it to stooze.

    I get 15 months 0% on payments. Does this actually mean I could purchase something on day 1 and not get charged any interest at all until 15 months later? Or will they sneakily say that I'll need to pay off the debt within 90 days or something like that?

    Thanks in advance for your help.

    Kind regards
    Joel

    15 months 0% on payments? Assume you mean purchases.

    Does this actually mean I could purchase something on day 1 and not get charged any interest at all until 15 months later? Yes.

    Or will they sneakily say that I'll need to pay off the debt within 90 days or something like that? Why should they?
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