stooze

present singular third person stoozes · participle present stoozing · participle past stoozed · past stoozed

1. slangTo borrow money at low to no interest for the purpose of making a profit by depositing it for higher interest.

   My reason for including Jack's inspiring comments is less about the practical point of how to stooze and far more about thinking.

   2005, Martin Lewis, The Money Diet: The Ultimate Guide to Shedding Pounds Off Your Bills, →ISBN, page 78

   3 more examples

   To stooze, you transfer the balance from the credit card and stash it in a high-interest savings account, one with as high a rate of interest as possible.

   2010, Jonathan Yates, Freesourcing: How To Start a Business with No Money, →ISBN

   In order to stooze effectively, you need credit cards which allow you to make payments to a current account or other bank account where you could then earn interest.

   2014 June 19, Sophie Christie, “£5000 a year for nothing: could 'stoozing' make a comeback?”, in The Telegraph

   So the best way to stooze is likely to involve putting as much of your spending as possible on to a card that charges 0pc on purchases.

   2015 November 17, Amelia Murray, “Return of 'stoozing': how you can profit again from 0pc credit cards”, in The Telegraph