Egg Policy Change ?

trisontana

An interesting take on the story (Warning strong language!) :-

http://www.thedailymash.co.uk/news/business/egg-condemns-'prudent-scum'-20080204700/

lisyloo

but the Egg Money does seem to pay the highest ongoing cashback rate right now

Capital one pays the same as Egg Money (1%).
My card has better interest free days (but that depends on exactly which card cap one give you).
Also you get freee Equifax reports with Cap One.

I was going to use Egg but now I'm thinking of closing Egg and staying with Cap One.

oldtup

This is probably the best article I've seen on this subject.

http://www.independent.co.uk/news/business/analysis-and-features/credit-card-misery-778092.html

cheggers

Will people with Egg Money cards loose there cash back they have earnt up to date, if egg close there egg money card ???

YorkshireBoy

cheggers wrote: »

Will people with Egg Money cards loose there cash back they have earnt up to date, if egg close there egg money card ???

Exerpt from the letter sent to Egg Money cardholders...

Your rights to Cash Back under the Egg Money agreement will be unaffected by the ending of the agreement.

http://www.stoozing.com/cgi-bin/forum/YaBB.pl?num=1201865990/47#47

netlang

I sent a message to Egg asking them to confirm my status with them and I had a reply in pidgeon English stating that they are not closing my account and I am to continue using the card as normal. :think:

OverlandLandy

Their Web Site is down at the moment - too many Hits????

sandman2ooo

OverlandLandy wrote: »

Their Web Site is down at the moment - too many Hits????

Not sure, but they were having alot of trouble this morning showing my balances from other accounts (non-Egg).

Alex.

pinchez

Just got a letter from egg this morning, They Addressed it to my partner who doesn't even have an account with Egg and i have never given her details to them. Also the Account number in the letter does not match my card. I'm guessing it was meant for me as i do have an egg card. I've had the Card for about 2 years and i've never missed a payment and currently owe £1000 on it and paid £200 pound off just 2 weeks ago. I usually max it out (£1250) and then pay it off in about 3 months.

As far as i know I've got a clean credit record (never missing a payment on anything) This as made me angry in the first instance because of their !!!! up and in the 2nd because their implying I'm a risk when I'm clearly not. :mad:

baldbloke_2

The 'Log In' page has been unaccessable since lunchtime. I'm more than curious to know what is going on. I have an EGG Money card and always keep a credit balance on it - using it purely as a cash card and debit card rather than as a credit card. That is it's attraction for me since with a pure credit card I would always pay an outstanding balance off each month - if I couldn't cover the expense from my available savings then I wouldn't be spending the money.
I haven't received the letter yet ?! but then I can't access the site either.
Most odd and slightly worrying.