We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Egg Money

I have just got accepted with £3000 limit. Can I transfer more than £3000 into it e.g If Barclaycard gives me 5k limit can i send say 4800 to egg money manager?

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    In principle yes.

    However, in practice, the answer is no, due to Barclaycard's BT restriction to £5K or 90% of your limit - whichever is lower.

    So, if you get £5K, the most you can BT from Egg Money is £4.5K.

    If you ask them to BT more than £5K or 90% of your limit, they will do so - but any amount over your 0% BT limit will be charged at 6.9% APR.

    BTW, it's the Egg Money card, or Egg Money account - not Egg Money Manager, which is something totally different.
  • Sorry yea, so many Egg Accounts I mixed up the names. Gonna cancel my Egg Card now. Shame as I have my anniversary in June 15k :(
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.