Reply To: Stoozing vs rewards cards

[Luca M]

Rui N. wrote:

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.

We are discussing stoozing though, not just the 0% purchase card in itself, so it would be linked to putting the equivalent amount spent on a highish (if 2-4% can be define as high) saving account, that to fully get the promised % earning, would need to be there for 12 months at least