We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Egg Money vs Egg Card

Can anyone explain the difference. The Egg Money card is a credit card with a low interest rate and the possibility of earning interest on any positive balance. Why would anyone choose an Egg card with a higher interest rate? Am I missing something?

Comments

  • benf90
    benf90 Posts: 590 Forumite
    The Egg Card has 0% interest introductory offers on both purchases and balance transfers whereas the Egg Money account doesn't.

    The Egg Money account isn't marketed much either, if it all actually. I can't remember the last time I saw an advert for Egg Money!
  • jimbo26
    jimbo26 Posts: 954 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Thanks I'm not interested in BT, more a long term low interest rate.
  • clio
    clio Posts: 3,345 Forumite
    Jimbo
    if you don't get the low rate they give you the 16.9 % rate but you wont know till you've applied for it i was wanting the low rate but after getting accepted i saw the rate on offer was 16.9%
  • jimbo26
    jimbo26 Posts: 954 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Thanks for the heads up Clio
  • noh
    noh Posts: 5,823 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Also the credit limits given on egg money tend to be lower than those on the egg card.

    Nigel
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.6K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.7K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.