Continue stoozing?

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  • MallyGirl
    MallyGirl Posts: 6,627 Senior Ambassador
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    See the post # 41

    A lot less money to be made these days with transfer fees and low interest rates. Back in the day Egg would offer a £10K fee free money transfer that would go straight into my 8+ % offset mortgage. Worth doing then - I am winding down these days
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  • ceredigion
    ceredigion Posts: 3,709 Forumite
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    I know I have said before on here somewhere, but for me my stoozing activities aren't about making money per se . Its more about offsetting the difference between interest rates and inflation and passing the loss onto the banks. So if nothing else I stand still when inflation is taken into account.
  • stphnstevey
    stphnstevey Posts: 3,224 Forumite
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    As interest rates are low (not a bad thing if your borrowing on a mortgage), more riskier investments need to be used to turn a profit. These come with increased risk and not always timed to meet the CC needs.
  • swindiff
    swindiff Posts: 867 Forumite
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    I'm still making around £100/month so still worth is for me atm
  • MushyPeas
    MushyPeas Posts: 3,104 Forumite
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    swindiff wrote: »
    I'm still making around £100/month so still worth is for me atm

    It's useful to know it's working for some people, thanks.

    I'm starting from scratch so will be a while before I make that amount of profit!
    Previous debt: £14K :embarasse Debt free: Sept '03 :DMFW#42 Mortgage OP savings £4271.18/£12000 2019 :)Started dating OH Mar '12, married Oct '12, Walnut born Dec ' 12 :A SPC 12: 99 £38.05/£500 Make money Jan: £412.34/£310 :T Feb: £88.79/£280 May: £215.52/£310 June: £18.98/£300
  • cloud_dog
    cloud_dog Posts: 6,045 Forumite
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    Can I enquire if anyone knows if the existing Santander 27 months, 0%, zero fee allows money transfer in to a bank account?
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • ceredigion
    ceredigion Posts: 3,709 Forumite
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    cloud_dog wrote: »
    Can I enquire if anyone knows if the existing Santander 27 months, 0%, zero fee allows money transfer in to a bank account?

    This one
    https://www.santander.co.uk/uk/credit-cards/everyday-credit-card

    Then on.
  • cloud_dog
    cloud_dog Posts: 6,045 Forumite
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    Yes that one.

    EDIT: I assume 'Then on' means 'Then no'.
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • mrs_T
    mrs_T Posts: 1,017 Forumite
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    https://www.santander.co.uk/uk/credit-cards/everyday-credit-card
    Can someone tell me if this card allows multiple balance transfers at different times up to the 95% of credit limit? I have a current balance to transfer but may have more later. I'm guessing yes with interest free up to 27 months from the first transfer.
  • ceredigion
    ceredigion Posts: 3,709 Forumite
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    cloud_dog wrote: »
    Yes that one.

    EDIT: I assume 'Then on' means 'Then no'.

    Yes, no
    ……….
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