Egg Money Card

Thrifty_2

Can anybody help? With the egg money card do you have to load money onto the card before you use it so as to avoid paying interest as I only want to use the card for purchases and to gain the 1% cashback and then pay it off in full at the end of the month with out incurring any interest fees.

KTF

You can use it like a normal credit card. There is no need to pre-load it before hand.

Thrifty_2

So i just use it like any other credit card pay it off in full and incur no fees.

a&akay

Yes. I too was concerned over this aspect and rang them to confirm it is just like any credit card. You are only charged interest if you don't pay by the due date.

Thrifty_2

Thanks a&akay i was having problems getting my head around this glad i was not the only one.

sicker

Note also if as I do, you do pre load the card you get 4% interest on your positive balance and also the 1% cash back on your purchases. There may be better cards? but I would not be without Egg Money Card.

John