Egg to Barclaycard Transition Update

corners_2

gt94sss2 wrote: »

Has anyone with a Egg Card (as opposed to Egg Money) received an email re: any changes?

Regards
Sunil

~Not me:shocked::shocked::shocked::shocked:!

Fruit_and_Nut_Case

corners wrote: »

~Not me:shocked::shocked::shocked::shocked:!

...but cannyshopper has!

jay87

I have egg visa and recieved the email today. I already have a blue barclaycard visa, the picture on the welcome pack is of a green barclaycard visa, is this the one we will get?

jonesMUFCforever

Heard nothing here either I have the Egg money card.

pwllbwdr

reevery wrote: »

This was stopped, but the card is still good for putting the card into debt by transferring balances into current accounts, THEN doing the BT.

If this is going to change it may lose its reputation as the perfect "mule" card. Are there any other cards that permit this or do I finally need to cancel my Egg Money?

I know some MBNA cards permit money transfers (BTs into current accounts) but I don't know if the account has to be in debit. Can't see how they can check that?

Doing the BT from egg money first wouldn't be good though as you would end up with two transfer fees. As said earlier though, at the moment you can just use egg money as you used to and have a credit balance.

I had my egg card email today - egg money email last week. That will make 3 Barclaycards.

starM

Information relating to Barclaycard World Mastercard:-

http://www.barclaycard.co.uk/mastercardbenefits.pdf

WillF_2

Does anybody know how this change affects our credit files?

- Right now the Egg card shows up on my file. Will this then show as settled and a new account with Barclaycard show up?

- Will the account just convert from Egg to Barclaycard on my file?

- Are they likely to perform any credit searches?

Thanks

andyt8

lisyloo wrote: »

According to terms and conditions it stopped being a facility they offered.
However anecdotally it looks like they did not enforce it.
I would guess they never updated their computer systems.



Now it will be a completely different IT system, I don't think you can rely on the loophole still working.

Yes you used to get interest on positive balances on the Egg card - I remember putting lots of money on it as at the beginning of this last financial crisis they left the interest rate at 4% for months after everyone else reduced to 1% or 2%

Jammi

WillF wrote: »

- Are they likely to perform any credit searches?

A Credit search can not be done without your permission.

Whichever way Barclaycard choose to report the account it is unlikely to have a material effect on your credit file. Your overall credit (used and available) will not change as a result of the takeover.

Jammi

Tiddlywinks wrote: »

those of us with both Egg Visa and Egg Money should just be given replacements, surely?

Apparently so, as confirmed by email from Barclaycard stating my Visa card will also be replaced.