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 ?

Is EGG a reliable organisation to do business with bearing in mind it is part of an American bank ? Any advice gratefully received.
«1

Comments

  • Mr_K
    Mr_K Posts: 1,171 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Car Insurance Carver!
    oh yes they're very reputable.
  • This thread looks like an eye test. :rolleyes2
    "A nation of plenty so concerned with gain" - Isley Brothers - Harvest for the World
  • Mr_K
    Mr_K Posts: 1,171 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Car Insurance Carver!
    Sorry OP, couldn't help it. Egg are owned by Citibank who have not had a great time over the last year, but what bank has ? They are one of the biggest banks in the US and are one of those too big to fail - the US Govt. have intervened to support them. All this is irrelevant however as they are covered by the UK FSCS for the first £50k, so they're as safe as anywhere else.
  • What I meant was what are they like to deal with ?
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    lol..... I can't tell if hes taking the peez or not.
  • Mr_K
    Mr_K Posts: 1,171 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Car Insurance Carver!
    Customer service has always been very good in the several years I've been with them. Call centre in the UK, secure messaging service, and a very useful Money Manager feature allowing you to view your non-Egg accounts as well.
  • Thank you Mr K - that's what I wanted to hear. By the way, why is it on Net forums the more posts you make the more "expert" you are ? In my experience in the Force, empty vessels make the most noise.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Blaketon wrote: »
    Thank you Mr K - that's what I wanted to hear. By the way, why is it on Net forums the more posts you make the more "expert" you are ? In my experience in the Force, empty vessels make the most noise.

    Yes but the value of the noise is completely different young Luke. :D
  • geet
    geet Posts: 174 Forumite
    Are we on some fonts and features exercise?

    found egg thru this site and have been with them since. recently they delayed my money transfer by asking for silly confirmations (which actually they have to) but when i called and explained my situation they helped by doing a quick transfer - no extra cost.
  • dunstonh
    dunstonh Posts: 120,279 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Egg retail deposit accounts and structured investments. Which is it being referred to in this thread?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K 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.