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Egg Money Grrrr

jimbo26
jimbo26 Posts: 954 Forumite
Part of the Furniture 500 Posts Name Dropper
in Credit cards
I applied for an Egg Money Card and was approved with 7.9% apr. Just logged onto my account and it says it's 16.9%. What's going on? trying to contact them now.
«1

Comments

  • BankofDad_2
    BankofDad_2 Posts: 8 Forumite
    I've had an Egg Money card for a couple of years now, and just checked the rate on my log-in: still 7.9%. Be interested to hear what they say to you; is this just for new applications maybe?
  • KTF
    KTF Posts: 4,855 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Mine is 7.9% as well and I have also had one for years.
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Are you sure they have given you EGG MONEY and not the ordinary EGG Credit card
  • jimbo26
    jimbo26 Posts: 954 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Definitely Egg Money. Just checked the credit agreement I downloaded and it clearly states 7.9%. Still awaiting a response.
  • jimbo26
    jimbo26 Posts: 954 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Just spoken to a customer service rep who assures me I am on the 7.9% rate. She couldn't explain why it is showing as 16.9% on my 'Your Money'.

    It is a newly opened account so she wonders if the standard rate has been stuck on the site until it fully updates with all my details.

    Needless to say I'll keep an eye on it.
  • gowgowuk
    gowgowuk Posts: 411 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hi,
    I recently applied and just received my card. I just checked online and it also says 16.9%:confused:. I'll also keep a close eye on this!
    Philippe
  • gowgowuk
    gowgowuk Posts: 411 Forumite
    Part of the Furniture 100 Posts Name Dropper
    In the credit agreement I printed when I applied, it actually says 16.9% too :mad:. Nothing I can do about that I guess, although the fact that they still advertise in big letter a "low rate of 7.9%" is surely not right!
  • clio
    clio Posts: 3,345 Forumite
    gow
    thats a typical rate the 7.9% i got an egg money card and was hoping for that rate but got 16.9% instead..
  • gowgowuk
    gowgowuk Posts: 411 Forumite
    Part of the Furniture 100 Posts Name Dropper
    clio wrote: »
    gow
    thats a typical rate the 7.9% i got an egg money card and was hoping for that rate but got 16.9% instead..

    yes, I see... oh well, it's not too bad: I wasn't really going to use the credit (will use it either as a mule for stoozing or repaying the balance monthly). Thanks
  • jimbo26
    jimbo26 Posts: 954 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Just checked online and spookily the interest rate is now recorded at 7.9%.
This discussion has been closed.
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