The Credit Card Game

**Bagpuss** · 19 February 2006, 18:31

Why don't you use a 0% card and do the balance transfer over 9 months?

**Churchill** · 19 February 2006, 19:12

Originally posted by MarillionFan

Just activated my new chip 'n' pin Capital One Card. The grunt at the other end, goes through his script. Oh sir, as an existing customer I can offer you a balance transfer rate of 13.5%. You'll save loads if you're paying more!

Yeh right. Dumb ass.

Then he goes, what do you use your card. Oh I can see you paid off £9500 last month, did you transfer it elsewhere. Nah says I , just paid it off.

Capital One is a classic. Four years ago they decided that they would print cheque books and send them out to customers. These cheques are at the normal purchase rate of the card, but there is no fee. I have a credit balance of £9500. They sent me over a period of six months enough cheques for 4 years, with no expiry date.

So every 56/60 days or so I pay a cheque for £9500 into my bank account and pay it back in full at the end of each period.

Thanks capital one. Ive saved almost £2k of my mortgage to you and I still have a years cheques worth left.

Sweet.

What's a "mortgage"?

**thunderlizard** · 19 February 2006, 19:18

Well done MF. That should go some way towards those fines for filing your accounts and tax return late

**Epiphone** · 20 February 2006, 16:21

I saw a post on moneysavingexpert.com (great site for info on stoozing or "tarting" which is what you are

) where someone had a letter from the IR wanting to know where the money came from that was in and out of their account every other month. Think their bank sent up a red flag.

**sasguru** · 20 February 2006, 16:43

You're doomed MF

**MarillionFan** · 20 February 2006, 19:40

"moneysavingexpert.com "

Yeh. I post on there. But it wasnt me.

**wendigo100** · 20 February 2006, 20:52

Originally posted by MarillionFan

"moneysavingexpert.com "

Yeh. I post on there. But it wasnt me.

What is a "money saving expert"? Do you discuss favourite Oxfam shops, and ways of ducking your round in the pub?

**Denny** · 20 February 2006, 21:00

Originally posted by MarillionFan

"moneysavingexpert.com "

Yeh. I post on there. But it wasnt me.

I used to share university seminars with Martin Lewis. We both did similar degree courses at the same time.

**Numptycorner** · 21 February 2006, 10:04

Originally posted by Denny

I used to share university seminars with Martin Lewis. We both did similar degree courses at the same time.

Seems to me he has become famous for regurgitating advice that has been widely available fro some years before his website

The Credit Card Game