confused by Egg

conker_3

I've got a new Egg card and want to make a super balance transfer to my banks's current account. When I log in and look at balance transfer etc it seems to be offering me theopportunity to pay money onto my Egg card-and not the other way round! Confused-yep. Does anyone know what I should be selecting? Thanks ??? ???

Unbelievable_2

From the first screen when viewing your Egg card, choose 'balance transfers' from the menu on the left. You then need to choose the type of transfer. Choose the one that says 'overdraft'. Enter your sort code and account no.

deemy2004

YOu click balance transfers then it asks you for the type of transfer you want to make - copied from site below -



Please tell us the type of transfer you want to make. Most balance transfers take 7 working days to complete.


Please select the type of account

credit card or store card

loan

current account / overdraft

Milarky

I've got a new Egg card and want to make a super balance transfer to my banks's current account. When I log in and look at balance transfer etc it seems to be offering me theopportunity to pay money onto my Egg card-and not the other way round! Confused-yep.  Does anyone know what I should be selecting? Thanks  ??? ???

conker,

You might simply be getting confused by the terminology, that's all! I agree that you really want to SBT to your bank account, but Egg will describe this in reverse - i.e. as a balance transfer 'to' the Egg card 'from' another credit card or 'overdraft' [current account] Think of a BT as a 'money hole' - a hole is just empty space, but the contents of the hole have to go somewhere. A SBT moves a money hole 'from' your bank account into your Egg card. The hole in the account [which is assumed to 'exist'] is 'filled' with the money Egg used to 'create' the corresponding hole [of debt]with them.  :o

conker_3

Many thanks everybody-you've got it sorted for me.