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  • FIRST POST
    • Dave05
    • By Dave05 7th Nov 18, 4:45 PM
    • 9Posts
    • 1Thanks
    Dave05
    Stoozing-card full
    • #1
    • 7th Nov 18, 4:45 PM
    Stoozing-card full 7th Nov 18 at 4:45 PM
    Hi
    I'm a amature as u will see to this stoozing lark but I took out a 30 month credit card at 0% Last year but only got 3600 to use Which I have nearly used up, I've got the money set aside in savings account as the stoozing goes but now have a card full up with nearly 18 month 0% left. What do I do next? Pay it off or transfer the money to another card and continue the stooze or get another 0% card and continue the stooze with the new card leaving my current card to run it's 18 month before paying off?

    Ps
    Have a old Natwest card with 1200 avail credit but not use as not 0%
    Have a next stir card with 5000 avail credit but rarely use
    Th

    Thanks for reading :-)
    Last edited by Dave05; 10-11-2018 at 10:47 PM.
Page 1
    • MallyGirl
    • By MallyGirl 7th Nov 18, 4:51 PM
    • 3,049 Posts
    • 8,078 Thanks
    MallyGirl
    • #2
    • 7th Nov 18, 4:51 PM
    • #2
    • 7th Nov 18, 4:51 PM
    2 options:

    1. take out another card with 0% on BT and no fee, then BT this across and start filling the first card again
    2. try and get another card with 0% on purchases and fill it up leaving the first one to run to end of deal
    • Vortigern
    • By Vortigern 8th Nov 18, 10:57 AM
    • 2,601 Posts
    • 1,789 Thanks
    Vortigern
    • #3
    • 8th Nov 18, 10:57 AM
    • #3
    • 8th Nov 18, 10:57 AM
    If you've had the 0% card for more than 6 months you could ask for an increased credit limit.
    • Dave05
    • By Dave05 10th Nov 18, 10:32 PM
    • 9 Posts
    • 1 Thanks
    Dave05
    • #4
    • 10th Nov 18, 10:32 PM
    • #4
    • 10th Nov 18, 10:32 PM
    Hi

    Thanks for reply
    Would I be right in doing sticking the 3400 which is currently on the card now but still has 18 month to run into a savings account (I didn't do the putting some aside each month as I've only discovered stoozing) into a interest account untill the 0% ends

    Then take another 0% out and carry on but this time putting whatever spent into a savings account monthly
    Last edited by Dave05; 10-11-2018 at 10:48 PM.
    • Vortigern
    • By Vortigern 11th Nov 18, 12:14 AM
    • 2,601 Posts
    • 1,789 Thanks
    Vortigern
    • #5
    • 11th Nov 18, 12:14 AM
    • #5
    • 11th Nov 18, 12:14 AM
    Yes, put it in savings, otherwise there's no point in stoozing.

    Same if you get another 0% on spending card - you could feed the cash you would have spent into a regular saver or two.

    Just make sure you do put aside sufficient cash to pay off the stooze when the 0% expires. If you don't, your stooze is just debt that could come back to haunt you.
    • Dave05
    • By Dave05 11th Nov 18, 5:10 AM
    • 9 Posts
    • 1 Thanks
    Dave05
    • #6
    • 11th Nov 18, 5:10 AM
    • #6
    • 11th Nov 18, 5:10 AM
    Thanks alot vortigern and mallygirl for your info
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