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Egg Money
PH_neutral
Posts: 5 Forumite
in Credit cards
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
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
0
Comments
-
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.0
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