What is Stoozing?
Stoozing is a technique by which we will be using a 0% Credit Card Balance Transfer offer to make Free Money. It works by transferring a balance from the card and depositing the same amount in a high-interest savings account. At the end of the promotional offer, the debt is paid off and we will keep savings account yields as profit.
How does the calculator work?
Introduce the following 5 Parameters (4 from the card offer and 1 from your investment):
- Lump-sum transferred from the credit card (£)
- Balance Transfer Fee (%)
- Minimum monthly repayment (%)
- 0% Interest introductory period (number of months)
- Investment return on the amount transferred (% AER)
Once submitted, the calculator will produce a repayment plan and investment cash flows showing Net Profit, Total Investment, Return on Investment (ROI) and break even as main indicators.
Money from Credit Cards – Stoozing Calculator
Stoozing Calculator Inputs
£0 Balance Transfer ; 0.00% Balance Transfer Fee0% Monthly Repayment ; 0 months 0% Introductory Period
Investment Yield AER (%): 0.00%
Repayment Plan and Investment Cash Flows
| Month | Balance (£) | Repayment (£) | Interest (£) | Investment (£) | Net Value (£) | Net Profit (£) |
|---|---|---|---|---|---|---|
| 0 | £0 |
£0.0 | £0.0 |
£0 |
£0 |
£0 |
Stoozing Summary
Net Profit: £0
Total Investment: £0
ROI:
