Money Hacks

Me too, the SSS.
Classic engine. They got like 1000Hp out of some of the turbos.

 

I always do this but I find that the next time I go back to it, either some stuff is out of stock, so I can't buy it but most of the time I change my mind and don't want to part with my money. It is a good delay tactic

 

Hehe, I'll have to try that one.
Also on Ebay you can submit 3 offers for "Make an offer" I think. Use a couple of accounts, could get 3, 6, 9...

 

Balance transfer is usually 3%

 

As long as the penny-pinching strategy has a clear and conscious reason - so that the freed-up pennies can then be used towards investing.

 

Or wine

 

Best runaround I ever had!

 

Bunnings trade card rocks.

 

Yeah, mine had over 200k on the clock, no problems.

 

First balance transfer can be 0% for selected credit cards

 

whats the biggest money transfer at 0% you can do?

 

I have already used the 6 months free period. It is not as good as Netflix. I finished the Walking Dead but nothing much after that.

What is that? What are the benefits?

 

[QUOTE="devank, post: 231573, member: 164"
What is that? What are the benefits?[/QUOTE]
Trade card to get you trade discounts at bunnings. Typically 5-10%. You can generally get one if you have an ABN.

 

You can sign up again on a different email address (if need be)

 

No, balance transfer is set to 0% for citibank classic card. So if you apply for $30,000, do a cheque to self and off you go, free money in your offset for 12 months... (you just have to pay the minimum balance each month against the principal amount)

 

$99 Annual fee and reverts back to cash advance rate. Total BT amount cannot exceed 80% of credit limit.

Get ready for all your loan applications to be rejected once you use this offer ...

 

My most recent loan application didn't get rejected (it did lower my serviceability)... I applied for the BT just once as cheque to self (at 80%) not loan from another credit card. I plan to keep that 0% interest money in my offset and plan to repay the full amount before the 12 months offer is up..

 

which means you had other means to cover serviceability ... and that means you are not fully utilizing your means for serviceability. not a good strategy. That money in your offset is not saving you money. Its probably costing your more money.

Anyway... I am not the best judge of your particular situation but I know most PC'ers won't take that approach.

 

How is it probably costing him more?
30k @ 4% = $1,200 saved in interest, less application fee for the credit card.

Credit card app is a credit card app.
Yes affects servicing, but 90% of credit card balances would be discretionary spending on crap. So as far as debts go, Credit cards are already consider a "bad" debt. In saying that it's not going to paint you in a different light that you BT funds or whatever. I disagree with your comments.

If you have 5 or so hits on your file for credit cards within a short space of time then it will raise brows, but once a year for a BT I don't see an issue with.

End of the day of the credit file is clean, there are not too many applications for credit cards it will just come down to servicing.

 

It is not about the app, it is about a 30K loan at >20% interest rate which he didn't need. The banks don't see the promotional period and don't trust you that you will pay it at the end of the promotional period. A credit card with 30K limit is exactly like a credit card with 30K balance on it.