Egg Money Under-hand %apr Allocation.

terafarma

I recently applied for egg money mastercard on Egg's website and was accepted. However, looking through the credit agreement I could only see the 4%APR quoted for their positive balance interest rate, and not the applicable %APR interest for negative balance. Further emails to Egg on this came back with a bland "the application is still being processed and we'll get back to you soon".As I have a good credit history, I was expecting to receive egg's 7.9%APR negative balance interest rate. Shock horror and disbelief when they came back to me with a whopping 16.9%APR for negative balance.My anger and angst with egg was the under-hand tactic they employed in not disclosing the applicable %APR interest rate on negative balance on their online credit agreement form, until well after the card the account has been opened and the egg money mastercard issued.They mess up your credit record and hit you with unexpected and grossly inapplicable interest rate in the expectation that you'll accept it and then, hopefully, slip into negative balance, making good money off you.I have since cancelled the card as the under-hand tactic put me off using egg now, and in the near future.Anyone with similar experience from Egg?