Stoozing into Bank Account

zolablue25

Hi

I have been stoozing for a few years now but mainly by doing it on 0% purchases and using an offset mortgage account. I now wish to step this up so that I can get a balance transfer paid direct to my offset mortgage account so as to avoid paying the 6%pa Mortgage Interest.

What would be the best card for this do you think please?

I apologise that this has probably been asked a thousand times already, but unless you know what you are searching for it is quite difficult to find.

Cheers

stevemcol

Egg Money will accept BTs from any card and transfer straight to your account.

zolablue25

So, (and I know this is basic stuff to the experts out there) I get myself an Egg money card, then open an account with another CC company and ask to transfer an imaginary debt from the Egg Money card? THe other CC company then just puts the money into the EM card and I have a positive balance that I can withdraw straight into my bank account?

YorkshireBoy

Yes. Martin has termed it the Egg Money Card Trick

When selecting your 'donor' card, beware of the Ulster Rugby Club card (run by BOI) which requires statemented evidence of the debt on the other card.