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Accelerating my stoozing :)

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I've been slow stoozing with 0% purchase cards for a few years now but am thinking of stepping it up a notch.
I've got a 0% fee, 5.9% interest money transfer deal on Card A. I've also got a 2.4% fee, 0% interest 18-month balance transfer offer on Card B.
Can anyone see me coming unstuck if I take a £9k money transfer from Card A, then within a day or two move that by balance transfer to Card B?
I'll pay £216 in BT fees but if I put the £9k into my T212 cash ISA paying 4.79% (until April next year when the promo interest rate falls off) and earn about £600 over the 18 months, so I'm £400-ish up?
There's a risk the BoE cuts interest rates again, but they'd have to fall below 2% for me to actually make a loss over the period.
N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
Not exactly back from my break, but dipping in and out of the forum.
Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!

Comments

  • Altior
    Altior Posts: 1,009 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Works fine, technically the profit is slightly impacted by the monthly minimum payments. Sounds like it might be Nationwide though, which is usually only 1%. 
  • kimwp
    kimwp Posts: 2,906 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    This is what I did, when I started stoozing last year- 0% fee money transferred 30k onto 0% fee, 0% interest cards, so I was super lucky I think. Not getting any 0% fee offers now though and comparatively small limits.

    I did each money transfer and corresponding balance transfer on the same day - still got charged a couple of pounds interest on the money transfer as the balance transfer took a couple of days.
    Statement of Affairs (SOA) link: https://www.lemonfool.co.uk/financecalculators/soa.php

    For free, non-judgemental debt advice, try: Stepchange or National Debtline. Beware fee charging companies with similar names.
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