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ns&i and Egg Money Manager - Your help needed!

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Comments

  • poppy10_2
    poppy10_2 Posts: 6,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Using the Egg money manager can actually be against the terms and conditions of your bank accounts - usually they state you are not allowed to disclose your username and password to anyone else, even if it is encrypted by Egg.

    Most banks are reasonable about this, but a few like A&L play silly !!!!!!s.
    poppy10
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    I think banks do this to protect themselves also. If someone who doesn't understand internet very well and gives away this information and then get fruaded (right word?) then the bank cannot be blamed.

    Also Egg has a questionnaire which I did and I stated that I wanted to have NS&I on their account list :)
  • molar
    molar Posts: 185 Forumite
    Part of the Furniture Combo Breaker
    movingon wrote: »
    i have been using EMM for all my accounts. REcently I was blocked from using my Alliance and Leicester Account on line and was told by their IT people when I complianed that the EMM had scrambled my pin number and that the Egg software was not safe and should not be used to access their site. I am really miffed becuase I think its fab.

    Oooh I haven't been blocked yet. Thanks for the warning though.
  • pfpf
    pfpf Posts: 5,134 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    woohoo,

    NS&I is now live and working on EMM :D
  • paulboy83
    paulboy83 Posts: 255 Forumite
    Hooray! I've just added it and I feel a lot better off now! ;)
  • noh
    noh Posts: 5,817 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    poppy10 wrote: »
    Using the Egg money manager can actually be against the terms and conditions of your bank accounts - usually they state you are not allowed to disclose your username and password to anyone else, even if it is encrypted by Egg.

    Most banks are reasonable about this, but a few like A&L play silly !!!!!!s.

    As has been said before the underlying technology provider for eggs and first directs account aggregation service is ewise.com.au

    You are not supplying your user name and password to anyone else those details are encrypted and stored on your own computer.
    Although I have seen some T+Cs that say you are not allowed to store passwords electronically even in encrypted form.

    http://www.ewise.com.au/ewise/info/faq.asp#4

    Nigel
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