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HandWiki. Stoozing. Encyclopedia. Available online: https://encyclopedia.pub/entry/35990 (accessed on 05 October 2026).
HandWiki. Stoozing. Encyclopedia. Available at: https://encyclopedia.pub/entry/35990. Accessed October 05, 2026.
HandWiki. "Stoozing" Encyclopedia, https://encyclopedia.pub/entry/35990 (accessed October 05, 2026).
HandWiki. (2022, November 23). Stoozing. In Encyclopedia. https://encyclopedia.pub/entry/35990
HandWiki. "Stoozing." Encyclopedia. Web. 23 November, 2022.
Stoozing
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The content is sourced from: https://handwiki.org/wiki/Finance:Stoozing

Stoozing is the act of borrowing money at an interest rate of 0%, a rate typically offered by credit card companies as an incentive for new customers. The money is then placed in a high interest bank account to make a profit from the interest earned. The borrower (or "stoozer") then pays the money back before the 0% period ends. The borrower does not typically have a real debt to service, but instead uses the money loaned to them to earn interest. Stoozing can also be viewed as a form of arbitrage.

credit card interest rate stoozing

References

  1. DavidB007 referred to "doing a 'Stooz'" on 8/1/2004. The first post referring to Stoozing was by Blarm on 1/2/2004 (Stoozing FAQ) http://stoozing.com/faq.htm
  2. Usage in the US: WorldWideWords http://www.worldwidewords.org/turnsofphrase/tp-sto1.htm
  3. Rate Tarting Introduction from Stoozing.com http://stoozing.com/g_ratetart.htm
  4. "CFR 12 Banks and banking - Treatment of credit balances" http://ecfr.gpoaccess.gov http://ecfr.gpoaccess.gov/cgi/t/text/text-idx?type=simple;c=ecfr;cc=ecfr;sid=dac4479883f276969abbff32e6cc1754;idno=12;region=DIV1;q1=treatment%20of%20credit%20balances;rgn=div8;view=text;node=12%3A3.0.1.1.7.2.8.9
  5. "Stoozing: Make free cash from credit cards" from MoneySavingExpert.com http://www.moneysavingexpert.com/cards/stooze-cash-credit-cards
  6. Offsetting with Stoozing from Stoozing.com http://www.stoozing.com/g_offset.htm
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