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Egg Money

Apologies if this has already been covered.

I am about to put £2000 on an interest free nationwide card for 9 mths and will pay it off after 9 months with money I will deposit in an ISA (a slow stooze).

I also have an egg money card and wondered if the payments to the O% card both the minimun payment each month and the balance at the end could go through it. T+Cs suggest there is no charge and I would then pay the egg money card with out in curring interest on it.

Question is do I earn the cash back?

Thanks in advance

P

Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You can make payments from Egg Money, but they will be classed as cash advances and won't generate cashback. Also there is no interest-free period on cash advances and, unless you have a positive (credit) balance on Egg Money, cash advances incur interest from the day of transaction.
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