Egg Money's Dead. Sort of...

KTM_Gordo

I got an e-mail from Egg yesterday announcing the demise of Egg Money: Goodbye 4% interest on positive balances.

But instead of merging it with their Egg Card, which is a Visa card, they've announced a new product: Egg Money World Mastercard.

The lovely 1% cashback stays, but there's no interest at all on positive balances from mid-May.

Instead they're offering some "free" insurance policies:

Price protection,
Extended warranty, and
Loss/theft/damage cover.

It'll be interesting to read the small print (no, really!) for these policies to see what they actually cover.

It's not on their web site yet, so I suspect it isn't finalised and will be officially launched in May.

Egg Card Blue -> Egg Money -> Egg Money World

financial_warrior

http://forums.moneysavingexpert.com/showthread.html?t=1627195

KTM_Gordo

financial_warrior wrote: »

http://forums.moneysavingexpert.com/showthread.html?t=1627195

And? I thought it deserved its own thread rather than hidden away in another one.

financial_warrior

You're essentially repeating what has been discussed in that thread though. If you add your comments to that thread, it will bounce to the top again (it was only started yesterday too).

KTM_Gordo

Yes, I know that. But not everyone can read every single thread on these boards to find some hidden information. I was trying to be helpful - but if that's not encouraged then I shall refrain from doing so in the future.