Egg MoneyCard 1% casback on all purchases

Thrifty_2

I was wondering if anybody out there has the Egg Moneycard which pays 1% cashback on all purchases up to a max spend of 20K ie £200 rebate a year at present i have Morgan Stanley platinium paying 1% on first 2K then 0.5% on remaining 18K rebate for year £110.Is the egg online site easy to use is it easy to set up a D/D payment.Any information would be appreciated from anyone who has one of these cards.

sloughflint

Thrifty wrote:

I was wondering if anybody out there has the Egg Moneycard which pays 1% cashback on all purchases up to a max spend of 20K ie £200 rebate a year at present i have Morgan Stanley platinium paying 1% on first 2K then 0.5% on remaining 18K rebate for year £110.Is the egg online site easy to use is it easy to set up a D/D payment.Any information would be appreciated from anyone who has one of these cards.

Yep. Everything is fine. Go for it, apply!

YorkshireBoy

Thrifty wrote:

Is the egg online site easy to use...

Yes.

...is it easy to set up a D/D payment.

Yes, Egg insist that a DD is set up and you are required to select either min or full payment during the application process. Don't worry about your initial selection, as if you change your mind later you can change the DD type online from your secure area.

Thrifty_2

All sounds good to me i will be £90.00 a year better of for just changing my card.

grumbler

With £20K spending you will be £110 better off with Amex Platinum than with Egg Money. See Cashback link in the blue box above.
Yes, I know that Mastercard has a little wider acceptanse than Amex ...
EDIT: ... but a combination of Amex and Morgan Stanley (or Egg Money) can make a good team.

Thrifty_2

grumbler wrote:

With £20K spending you will be £110 better off with Amex Platinum than with Egg Money. See Cashback link in the blue box above.
Yes, I know that Mastercard is a little wider acceptable than Amex ...

I had looked at the Amex card but decided against it for the reasons you state above but thanks for the suggestion.

YorkshireBoy

How about a combination of Egg Money and the GE Money 'Everyday' card?

If £5K of your £20K per annum spend is on food/petrol, that's a very easy £150 cashback. 1% of the remaining £15K with Egg Money will bring your cashback up to a respectable total of £300 per annum.

And best of all...you can do all this with reasonably small credit limits on both cards.

sicker

Don't forget Egg Money give you 4% interest on positive balances, may? give you 2% cash back near Xmas and also in my opinion offers you the very handy Money Manager.

John