Withdrawing money from egg

456789

the egg faq says that you can withdraw money using a cash card - i asked them how to get one and they said they don't offer it anymore

they don't list faster payments as an option to move money out and anyway their faster payments into the account always seem to take 2 days

would this be ok - get an egg credit card - use it to get cash and then pay it off from the savings account?

edit: also read a post saying citibank might sell some parts of its business - egg is a uk based bank with full fscs protection yes?

YorkshireBoy

456789 wrote: »

would this be ok - get an egg credit card - use it to get cash and then pay it off from the savings account?

Unless you have a pre-existing positive balance on an Egg Money card, you'll incur a 3% fee and at least 2 days interest on the amount withdrawn.

egg is a uk based bank with full fscs protection yes?

Yes, as stated on their website.

456789

thanks for the reply YorkshireBoy

Is it possible to transfer money into an egg credit card from my savings a/c and then widthdraw it without incurring charges?

Paul_Herring

Is it possible to transfer money into an egg credit card from my savings a/c and then widthdraw it without incurring charges?

If

a) it's Egg Money, (the Master Card version, not Egg Card which is Visa.)
2) the funds have cleared, and
iii) the card still has a positive or zero balance after the withdrawal,

yes.