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Egg money- £1 monthly fee

stuzhunter
Posts: 782 Forumite

in Credit cards
Egg Money has lost the plot recently with many stupid changes to the terms & conditions..one of them is a £1 monthly fee (the fee is not applicable to customers who applied before 14 July 2009).
As long as they keep the 1% cashback I'll keep the card otherwise I'll ditch the card..they also now prevent a credit balance..
As long as they keep the 1% cashback I'll keep the card otherwise I'll ditch the card..they also now prevent a credit balance..
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Anyone know if the 'cannot be in credit' rule is already in place? I use this card as a mule regularly and I was hoping to use it like this again today.
If so, anyone know what Egg do if your card does go into credit? & are there any other cards that work like mules? Or is this the end of an era0 -
Just tried to study new terms and conditions for Egg myself and I found this bit which states:
[FONT=Arial, Helvetica, sans-serif]"You are not permitted to have a credit balance on the Account. If this occurs, we may return such balance to you, usually by making a payment to the account from which your Direct Debit is taken."
In that case even if its already in place it sounds fine as they would simply [/FONT]be paying the money balance transferred from my new credit card into my Bank which is what I intend to happen anyway?!:T0
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