£1100 cashback for a valid Life Insurance policies with monthly premiums of £250+ 7 August 2020 at 9:39AM edited 7 August 2020 at 9:43AM in Stoozing: free cash from credit cards 3 replies 254 views

Tetra

Please feel free to direct this to the correct forum.
I am considering "stoozing" the above Quidco/Beagle Street offer solely for the free £1100 and even cancelling the life insurance to get my initial premium back: will it work and of what should I be aware?

Sandtree

How sick/old are you? Your unlikely to be paying £250 a month premiums to qualify for the maximium cashback

T&Cs says you must make 6 monthly payments before cashback process starts and cooling off period is only 30 days so you'd be paying at least £1,500 to get £1,100 cashback

Tetra

In answer to your question, probably older and sicker than you; but there's some old financial advice I do remember: if it sounds too good to be true, it probably is.

Good to know

• By receiving this incentive, you will not be eligible for any other offers from Beagle Street.

• Your policy will need to have had six monthly payments made and live for a minimum of six months in order for your cashback to be valid.

  
  

Sandtree

Tetra said:

if it sounds too good to be true, it probably is.

Its not really "too good to be true", you will get " £1100 back from your first £1500 of premiums but you just can't game it to make a profit from them (unless you die in month 7)

You do occasionally get offers where a mistake is made and you can get more back than you pay out but they are few and far between.