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stoozing - pay of minimum and add to balance
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Vlm1986
Posts: 74 Forumite
Hi all,
I have always used credit cards and paid off in full, however, i now see the benefit of stoozing on a 0% card.
We ordered new bedroom furniture and need to pay the balance soon. Money to pay for this in ofset savings acc. I have just applied for tesco CC and accepted so intend to pay for all on that and draw just above minimum to pay for furniture.
My question is, once I have paid the minimum of, can i spend again on card to bring back up to max credit limit and transfer the funds i would have spent on that item to ofset, therefore spending the same amount each month and paying the minimum each month.
sorry for the waffling hope it makes sense!
thanks in advance for your help
I have always used credit cards and paid off in full, however, i now see the benefit of stoozing on a 0% card.
We ordered new bedroom furniture and need to pay the balance soon. Money to pay for this in ofset savings acc. I have just applied for tesco CC and accepted so intend to pay for all on that and draw just above minimum to pay for furniture.
My question is, once I have paid the minimum of, can i spend again on card to bring back up to max credit limit and transfer the funds i would have spent on that item to ofset, therefore spending the same amount each month and paying the minimum each month.
sorry for the waffling hope it makes sense!
thanks in advance for your help
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