Stoozing

anyone care to speculate as to the chances of this deal proceeding?

http://www.dailymail.co.uk/money/markets/article-3958520/Deal-hike-credit-card-bills-Lloyds-7bn-swoop-rival-control-one-four-card-debts.html let's hope that Cerberus win the business. as a standalone business in the UK i would hope they will continue to compete hard in the BT market. without them Ba...

the MBNA one seems to have been the choice in recent times Stringy.. i haven't used one for a long time though, have just been moving 'real' debt around. i spend enough to create stooze debt as and when i might want to, too.

interesting stooz.. along the lines of Anon's comments, can you explain the thinking behind this please?

agreed. that approach would make a lot of sense, and costs them relatively little.

that's a fair point.. having to leave £2/m to cover my £5/m TESPs is going to be frustrating though

interesting.. i reckon i would take £25worth to collapse soon. TSB in mind in a few short months. and i wonder about bothering to maintain Halifax Reward accounts.

fwiw i wouldn't ever reject it.. if the card is useful the higher the limit the better. and if it isn't, best to close it.

i don't think we are going to see a lot more than 2-3% cb..
and good question.. my thoughts are to focus more on Investing than 'Saving'..by which i mostly mean taking advantage of Cash account deals. but perhaps P2P is the wise home for Stoozepots??

that's right that the old cards work the same way.. but all members are to be sent the new replacement card.
what they really Ought to do is bring all of the regional Co-ops together and form a grocery company and have a real go at the convenience sector with the economies of scale required.