Should I come back to stoozing?

where_are_we
Forumite Posts: 930
Forumite


I think I should! I spend about £500 on purchases a month totalling about £9500 over 19 months. If I get accepted for a Nat West 19 month 0% new purchases credit card, I will earn very roughly £190 interest over the 19 months on the cash I put in savings accounts at 4% or more, taking into account the minimum payments. If I use my Chase 1% debit card for purchases I get 1% cashback equal to about £95. I should be about £95 better off over 19 months. I am not concerned about breaching my PSA because my OH benefits from the starter savings allowance and will hold the extra savings money. I know these calculations are rough and interest rates will change.
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Comments
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Yes, now stoozing is more profitable than cashback. Even with easy-access accounts you can get 4.5%+, but with regualr savers you can get up to 7% (£600 p.m. for two of you at First Direct).We are born naked, wet and hungry...Then things get worse.
.withdrawal, NOT withdrawel ..bear with me, NOT bare with me
.definitely, NOT definately ......separate, NOT seperate
should have, NOT should of .....guaranteed, NOT guarenteed1
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