Stoozing 101:
Make Money From 0% Credit Cards
Borrow money at 0% interest, put it in a savings account earning 5%+, pocket the difference. It sounds too good to be true, but stoozing is completely legal and has been making savvy people money for years.
What is Stoozing?
Stoozing is the practice of borrowing money at 0% interest (using promotional credit card offers) and depositing it in a high-interest savings account. You earn interest on borrowed money, then pay back the original amount before the 0% period ends. The interest you earned is pure profit.
The name comes from a user called "Stooz" on the MoneySavingExpert forums who popularised the technique in the early 2000s.
How It Works — Step by Step
- Get a 0% money transfer credit card — These cards let you transfer money directly to your bank account at 0% interest for a promotional period (usually 12-24 months). There's typically a small transfer fee (2-4%).
- Transfer the money to your bank — Move the maximum amount to your current account.
- Put it in the highest-interest savings account you can find — Look for easy-access savings or fixed-term accounts offering 4-5%+.
- Set up a direct debit for minimum payments — Don't miss a payment or you'll lose the 0% rate.
- Before the 0% period ends, pay back the full balance — Set a reminder 2 months early.
- Keep the interest — That's your profit.
The Maths
Example Stooze Calculation
| 0% money transfer card limit | £5,000 |
| Transfer fee (3%) | -£150 |
| 0% period | 18 months |
| Savings interest rate | 5% AER |
| Interest earned over 18 months | ~£375 |
| Net Profit | ~£225 |
That's £225 for about 20 minutes of work setting it up. Scale it up with a higher credit limit or stack multiple cards and the numbers get very interesting.
Current Best 0% Money Transfer Cards
We recommend checking MoneySavingExpert's money transfer credit cards page for the latest deals. As of March 2026, look for:
- Cards offering 18-24 months at 0%
- Transfer fees of 3% or less
- No annual fee
Where to Park the Money
You need the highest interest rate you can get on an easy-access or notice savings account. Current standouts:
- Chase Savings (3.5% easy access) — Good for instant access
- First Direct Regular Saver (7% AER) — If you've opened a First Direct account from our bank switch guide
- NatWest Digital Regular Saver (7% AER) — Same deal, if you've switched to NatWest
- Fixed-rate savings bonds (4.5-5%+) — If you can lock the money away for the full 0% period
Risks & Things to Watch
- Missing a payment — If you miss a minimum payment, the 0% rate can be revoked and you'll be charged interest at 20%+. Set up a direct debit for the minimum payment immediately.
- Spending on the card — Don't use the card for purchases. Purchases often aren't at 0% and payments are allocated to the cheapest debt first.
- Forgetting to pay back — Set multiple calendar reminders 2-3 months before the 0% period ends. Pay back the full balance before it expires.
- Credit score impact — Taking out a credit card and using a large portion of the limit will temporarily affect your credit score. Not a problem unless you're about to apply for a mortgage.
- Temptation — The money sitting in your savings account isn't yours. Don't spend it. Only the interest is profit.
Is It Worth It?
For 20 minutes of setup work and some basic financial discipline, stoozing can earn you £100-500+ per year depending on the amount you can borrow. It's not life-changing money, but it's genuinely free — and it stacks nicely with bank switching and free share offers.
The real power is in the mindset shift: instead of paying interest to banks, you're making banks pay interest to you. Robin Hood energy.
Get the complete free money strategy
Stoozing is just one piece of the puzzle. Join the club for our full £5,000 roadmap covering bank switches, free shares, referral bonuses, and more.