Stoozing

indeed.. that "whichever is the greater" is the key. no real problem, it tends to mean that the debt is being chipped away at quietly and more effectively than the stoozer realises

nothing to challenge Sarah.

mike_p wrote:From the first paragraph on the Classic Plus landing page:
>No interest is paid on your balance over £2,000.

that's fine. that doesn't disprove my point.. we are just in the process of understanding how compound interest rates work.

my Barclaycard Freedom Rewards account was charging more, and as i say, MBNA was previously less.

i have had several i was able to use already in place, from previous moves..
but i opened a Lloyds account which i wanted, along with 3 others last year.. and moved the 3 to YB
i also opened a 2nd Santander account to move to YB too, and then moved my original too

it seems that MBNA take a larger Minimum Payment towards BT balances nowadays..
i moved a balance to a new MBNA card last month, and they are taking 1% by BT. previously it was £25.
is this standard now?

if you have £2k or more the interest rate is still compounded

agreed. only an issue if & when you want to go again.. i have 2 DDs on my current accounts anyway.. poised for the next move.
other than this RS account, i can't find anything else good about M&S Bank. unless you rate 'Clear Statements'

agreed. the 5% is correct.. but by paying monthly it compounds to 5%.

i like the idea though haha

..I've heard before of strange possibilities with the Asda card... like a true Stoozer :lol: earning some cashback by spending on the Asda card is good stuff, but nothing, in itself, better than other cards on the market. if this is working as it seems to be, then the point of difference, it seems ...