Reply To: Stoozing vs rewards cards

[Rui N.]

Peter K wrote:

There is also the point that you are locking that money away for 12-24 months. You need to ask yourself if there is nothing more useful you could use a free floating amount of money for in the mean time…

What? It’s exactly the other way around. By putting the balance on this cards you keep cash free to do whatever you want with it. This is a loan, not a savings account.