Episode Details
Back to EpisodesZero Percent Credit Cards: Smart Shopping & Savings
Description
Money expert Martin Lewis highlights two zero percent interest credit cards from Tesco Bank and M and S Bank for shoppers planning big purchases. These cards offer up to twenty-one months of interest-free spending and reward points on spending. Lewis also discusses the strategy of stoozing, where shoppers borrow interest-free and park their cash in high-interest savings accounts. He emphasizes the benefits of Section seventy-five protection, loyalty points, and earning returns on unspent cash, but warns of the risks and the importance of strict discipline and a backup plan for emergencies.
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