I am a NQT and during my PGCE year I gained some masters credits. I was not bothered at the time, but now I am glad I have. If and when I decide to do a masters, I already have 1/3 of the credits needed. It is right that for the MTL that you can only carry forward 30 credits from your PGCE, so that is one of the reasons why I am not going to do a MTL, as I have 30 other credits that I can not do anything with. Completing assignments at masters level is not more work on your part (or at least it wasnt for me - I went to Edge Hill) . You complete the same assignment, it just gets marked as a level 6 (university level) or level 7 (masters level).