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Egg money credit card
bonecase
Posts: 85 Forumite
in Credit cards
I hava an Egg money credit card in credit. I was told that if the account is in credit, the card is actually a debt card rather than a credit card. For example, if you withdraw cash at ATM, you will not be charged. My question is can I make a payment to another credit card using Egg money card? Of course I do not want to be charged and maybe can earn some cashback?
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Comments
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Egg Money doesn't charge a fee for cash withdrawals from either a positive or negative balance. You will be charged interest on the amount, if any, of negative balance created by the withdrawal though.For example, if you withdraw cash at ATM, you will not be charged.
Yes, you'd do it via a balance transfer (see 'Egg Money admin=>transfer a balance=>credit card'), using either your positive balance or the available credit remaining if you have a negative balance.My question is can I make a payment to another credit card using Egg money card?
Not on balance transfers you won't!maybe can earn some cashback?
You 'may' get it from transfers to an Egg Savings account if you're extremely lucky, since the 'loophole' was officially closed in May last year (although there are odd reports of it still being paid). 0
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