BNPL & stoozing

F749

Now, that BNPL got regulated, it got onto my radar again…

I understand there's an aspect of this (from the providers and the retailers perspective) to incentivise people to buy more.

However, I was just wondering, whether we can flip this towards our own advantage – just like with credit cards (and especially credit card welcome offers), one could conceivably set up a cash-flow graph to earn some small interest while delaying the payments.

I am especially interested, as I have the hunch the credit is not really free – both if I pay in one go or use BNPL I pay a small markup that'll cover the cut the retailer pays to the BNPL provider.

So, I might as well use it, and earn that markup back… 🤔

Anyone else been thinking about these things, perhaps? What's the take of this community on this?

kimwp

Pretty standard approach, I believe, but only do if you are good at managing credit.

Personally, while I do stooze, I don't do pay later as I prefer to pay purchases off in one go rather than having them over me for the small gains on the things I buy.