Stoozing vs 0% on purchases

The traditional method for stoozing is to find a credit card that transfers balance to current account allowing you to move this capital so it earns or saves you money. But with balance transfer fees taking a slice of any future profit is this the best option?

Some 0% on purchases are as long as 20 month now. If you spend a reasonable amount per month and only pay the minimum you could put aside £5000+ by the time your promotion ends and without fees.

It also pays to find out what the minimum payments are, I know lloyds charge just 1% of the balance.

Its always fun looking at different ways to get free cash.


  • Stooz
    Stooz Forumite Posts: 11 Forumite
    Yes, this is referrred to as slow stoozing as it takes a lot longer. There is a stoozing calculator to show if the fee for a BT eats into any profit on the stoozing dot com website.

    once you have build up a long purchase balance, you can always move it onto a 0% bt card then start building it up again with another purchase card! I have been using a santander 123 credit card with 18 moths for purchases, and earning about £10 a month in cash back in the bargain!

This discussion has been closed.
Meet your Ambassadors


  • All Categories
  • 340K Banking & Borrowing
  • 249.1K Reduce Debt & Boost Income
  • 448.3K Spending & Discounts
  • 231.9K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 171.6K Life & Family
  • 245.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards