Egg Money Rate

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The interest rate on my Egg card recently increased to 19.9%. I note that the advertised rate is 16.9%.

I have never had late payments on my credit card or loan and have never exceeded or come close to my credit limit. I have been a customer for seven years.

This really irritates me. I have e-mailed them and look forward to the reply.

Have any other Egg customers had the same experience ?

Comments

  • cash-magnet
    cash-magnet Posts: 320 Forumite
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    This seems to be a pattern across most credit cards. Perhaps it is just a way to bump up the card company profits. At least you were not part of the cull egg did a while back when they dumped a very large number of customers off their books.
    "Click the pennies. Collect the pounds."
  • jools10
    jools10 Posts: 10 Forumite
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    Just phoned Halifax with whom i already have a credit card account with a nil balance. They offered me a 6.95% life of balance transfer - result !!
  • Paul_Herring
    Paul_Herring Posts: 7,481 Forumite
    Name Dropper Photogenic First Post First Anniversary
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    jools10 wrote: »
    Have any other Egg customers had the same experience ?

    Lots: http://forums.moneysavingexpert.com/showthread.html?t=1465207
    Conjugating the verb 'to be":
    -o I am humble -o You are attention seeking -o She is Nadine Dorries
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