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Bossworld
Bossworld Posts: 426 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
(Seems this sub-forum is dead on its backside)

Comments

  • Fingerbobs
    Fingerbobs Posts: 1,702 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Probably because Stoozing itself is pretty-much dead at the moment. There are very few useful 0% deals out there, and savings rates are so low it's hardly worth bothering. 
    My last remaining 0% promo runs out next month, after which I'll have no Stoozpot at all, for the first time in years. 
  • With a fee still usually around 2-3% for the bigger deals, even the 0% ones you won't get much in the way of interest so not much point. 3% for the YBS loyalty regular saver or a couple of 2% accounts is about the best you'd get which would hardly cover any transfer fee
  • pjread
    pjread Posts: 1,106 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Yeah near pointless for cash savings / fee paying BT's currently. 
    I suspect interest rates will have to tick up a bit at some point, but I'm not holding my breath and don't think it'll happen quickly (maybe 3-5 years at a push).  Anything I can't move at no fee will just get paid off at this stage.
  • Bossworld
    Bossworld Posts: 426 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    My post was around using the 'stoozing' idea for leveraging investment in ShareSave / SAYE type schemes, which still proved lucrative. 

    I'm glad I've finally closed all my cards down now though.
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