Stoozing - What's best thing to do next

Royoftherovers2024

Hello,

I've just been approved for a Barclaycard 20 months at 0% with 1.99% fee balance transfer card offer with a £17000 limit.

I also have an MBNA 0% fee money transfer with 6.9% P/A credit card.

I was going to transfer £16000 of MBNA money from my MBNA credit card to my bank account and onto a 5.25% 90 day notice savings account with Investec.

Then I was going to balance transfer £16000 from my Barclaycard to my MBNA credit card within 48 hours to pay the MBNA card off.

I'd then have £16000 in a 5.25% savings account and £16000 owing on a 20 month 0% card Barclaycard. I might potentially transfer to an ISA at some point this tax year.

Are they any better ideas to earn a few pounds from stoozing than what I'm already planning or is this the best way?

Thanks in advance.

easyasonetwothree

Sounds like a good plan. Check Barclaycard will allow a BT at that amount, I'm not sure what % of credit limit they allow.

surreysaver

easyasonetwothree said:

Sounds like a good plan. Check Barclaycard will allow a BT at that amount, I'm not sure what % of credit limit they allow.

Think its 95%

Royoftherovers2024

surreysaver said:

easyasonetwothree said:

Sounds like a good plan. Check Barclaycard will allow a BT at that amount, I'm not sure what % of credit limit they allow.

Think its 95%

Thanks both , i just assumed it would be 95%, I'll wait for my new Barclaycard to come through the post, when it does I'll do the MT/BT. 

Already thinking of applying for another BT card with 15 plus months of 0%.