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Stoozing: Free Cash from Credit Cards sticky
💳 Here are some threads you might find useful: * Stoozing: Make Free Cash from Credit Cards - discussion * Stoozing Calculator - discussion * Curve Card technique - withdraw cash on any credit card with no fee 💳 And here's some relevant content from MoneySavingExpert.com: * Stoozing: Make free cash * 0% spending cards * 0%…
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Stoozing - next steps
Have been stoozing for a while now, but would value any opinions or suggestions on my next steps. Ideally I’d like another 0% purchase card sometime between now and April/June 24, and/or a 0% balance transfer card around June/July 24, but need to improve credit rating first. In terms of credit rating I had 4 x credit card…
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Stooping / buying a property
Hi all, Just interested in your thoughts on the following: Ive stoozed approx £9k across 3 cards, with the 0% periods ending at staggered periods beginning April 2025. In the next year I am intending to upsize from a one bedroomed flat to buying a small house with my partner. In general terms, is it feasible to continue to…
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Can you have NatWest and RBS 0% BT cards simultaneously?
I have had a thorough rummage around their site and searched this forum (although the search facility seems poor so I may have missed it), but I can't find a statement on this anywhere. I opened a NatWest 0% BT card last week, and did a smallish (£3k) balance xfer as part of the application. Haven't received the card yet,…
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Starting to Stooze
After years of using cashback credit and debit cards, finally decided to take it up a notch and move onto stoozing. Current interest rates on offer definitely helped with this decision. Successfully applied for the Barclaycard 21 month 0% card, which has now arrived. Activated and set up the app, also called them and got…
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Stoozing and remortgaging
Hi all, a question for other stoozers We have been taking advantage of a low interest mortgage with increased stoozing, rather than making overpayments on the mortgage. Me and my partner have around £27k in savings but about £20k on 0% credit cards. Unfortunately we are due to remortgage in 5 months. If we stay with…
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Should I transfer money out of the credit card and put it in an ISA?
I have received an offer from the bank to
transfer money from my credit card to my bank account. This transfer would be
at 0% interest from now until 1 July 2025, but it comes with a 3.3% transfer
fee. I would need to make minimum monthly repayments on the card equivalent to
3% of the remaining balance and of course clear…
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Credit Card 0% deals and savings on benefits?
Hi guys n gals. I neither a saver nor a borrower as such. I have a bank account and just joined one of their saver accounts at £200pm for 12mths ONLY..then I got my weekly update from MSE about stoozing etc so I thought Id give it a go.I used USWITCH which was great it turns out and it already told me I was 100% gauranteed…
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Questions about decreasing credit limit on BT card and interest on new purchases
I managed to get a 0% BT Barclaycard. There's also a 3 mth 0% interest on new purchases. I want to do a balance transfer and intend to pay the minimum payment each month (it's why I got a 0% BT card), but if I were to make any new purchases within the first 3 months - how would that be tabulated? I.e. which interest gets…
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Zopa - likely credit limit?
Zopa have a 6 month 0% (fee free) deal at the moment. Anyone used them? If so, what were they like in terms of credit limit? I'm getting £5k-plus limits on other cards I sign up for - which would be worth me doing with Zopa - but I know some providers aiming at people with poor credit histories tend to offer low limits...
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Optimal credit utilisation on 0% card
Hi All, I have multiple cards with 0% offers for 2 years. I plan to apply for mortgage late this year/early next year. I was wondering if there is a magic number for credit limit utilisation? Is 80% or 90% or even 99% is okay and future lender wont frown at me. Currently paying monthly due on them all.
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Is a direct debit for credit card ever too high?
I haven't posted in a long while but I often check this forum as it has been very helpful throughout the years. Like many people here, I have been taking advantage of a 0% purchase card (18 months promo period) and the time has come to pay it all off. My question relates to the final payment of a 0% purchase card I have…
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95% limit on balance transfers
Most credit cards limit balance transfers to 95% of available credit limit - is this all balance transfers, of for each balance transfer made? Say I had a credit limit of £10k and made a BT of £9.5k. Could I then make a second BT of £475 (95% of the £500 credit limit remaining)? There is no BT fee
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Halifax Clarity - can/should I still stooze despite no Money Transfer offers available?
Hello, everyone, I've done a little bit of stoozing before, mostly the "buy stuff on 0% purchases and save" slow type. But I was thinking I wanted to stooze some more - mainly because I wanted to max my LISA now + in April, without withdrawing from any of my regular savers or emptying my 7% Santander Edge saver, plus to…
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Minimum payments and credit rating
Hi, I have recently decided to stooze some money via a free money transfer and then free balance transfer. My original plan was to just make the minimum payments on the balance transfer card, but then I remember reading something that said that only making minimum payments would be flagged on your credit report. Does…
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Instant Reloadable Voucher
It's a little niche, does anyone know if top ups to these types of cards are treated as cash advances by CC provider? They are similar to a gift card for supermarket shopping. A permanent one that I regularly top up as and when, so if I buy £100 it only costs me £95. I will use this anyway, but hoping to get double bubble…
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How many cards is too many?
Hi, I'm currently stoozing £12.5k across 2 credit cards, I'm thinking of stopping here but I've sort of now got used to seeing the balance build up in my savings and not leave my account so I'm considering a 3rd card. Is it a good idea or not? I'm very disciplined so there's no worries of accidentally stoozing a large sum…
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Sort of stoozing - 0% overdraft vs credit score?
I have a current account with £500 overdraft at 0% interest for 3 years. I'm currently debating whether to put the £500 in a savings account. Theoretically, this will increase my credit utilisation, but could look bad on my credit report due to having a long-term unpaid debt. I probably don't need the extra money from a…
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Interest at end of 0% period
I've got a Santander card at the end of its 0% period. I was too slow to apply for a new balance transfer card, so this will arrive after the 0% deal ends. Will this mean I'm just paying interest for the few days interest before I can balance transfer to pay off the Santander card, or will Santander hit me with more?
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Transferring money from a balance transfer to a current account
I'm a veteran stoozer who stopped about 15 years go once balance transfer fees were introduced and the financial crash hit. Recently however, I have noticed that Natwest are offering 0% BTs with zero fees and am considering getting back in. The only thing I'm a bit unsure about is the mechanics of getting your hands on the…
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Best mule / strategy for new player
I'm relatively new to this game, have been 'slow stoozing' i.e. pushing all my daily spend to a 0% purchase card (HSBC purchase plus) for a while but I'm looking to up my game as it's going a bit slower than I'd like. I hold a bunch of AMEX cards (nothing to do with stoozing, just for benefits/rewards) as well as a…