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Martin's Stoozing Win With Egg Credit Card
- Anecdote: Martin recalled using 0% credit card money to earn interest by placing it in a high-yield savings account.
- He used a £5,000 Egg 0% card and a 6% Egg savings account, netting about £600 profit circa 2003–2004.
Meet Pay-In Rules To Secure Bank Switch Perks
- Do meet the minimum salary pay-in for switching deals; Nationwide requires £1,000 monthly to qualify.
- If you earn less, temporarily withdraw and redeposit £100 or use standing orders to meet the threshold.
Call For Mortgage Market Forbearance Measures
- Do support calls for government and regulator interventions like flexible term extensions and stronger lender forbearance.
- Martin suggests changes before year-end to avoid bailouts and protect those who can't afford rising repayments.