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the new egg money card

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  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Not bothered about the interest rate because I pay the whole thing off every month - currently gettign 1% from Citi - don't particularly trust Egg as it trumpeted the Egg card and offered good cashback rates, etc when it was first launched and has slowly eroded it until the stopped it altogether recently. Just wondering how long it will be before they cut the Egg Money rate to 0.5% or the in-credit interest rate but still remain "competitive". Maybe I'm just being cynical. Also, the rate you're getting when you're in credit might be 4% but it's 4% of an ever declining balance so it's surely not going to amount to that much? Haven't done the calculations - don't have the incentive, but I'm sure someone will, and prove me wrong to boot - but even though you paid in £1000 a month, and started spending, you'd be getting a fraction of 4% a month on a declining balance - must only amount to a couple of pounds at the very most. A bit of a gimmick perhaps? Rather spend on my citicard, get my 1% CB, and put the money needed to pay the bill into a higher interest savings account at the start of the month.

    CP
    Just one question.....why apply and incur another credit search then? :confused:
  • msaquib
    msaquib Posts: 717 Forumite
    1% Cashback is guaranteed until january 2007.

    Get at least 1% cash back on all purchases paid to your account each March. Cash back is paid up to a maximum amount of £200 in each 12 month period (from March to February). Guaranteed until January 2007.

    S11
  • Can anyone confirm how the cashback is applied to the account? Do you have to follow some kind of affiliate link from your account?

    Im trying to work out if I can combine my Apple educational discount with this 10% offer.
  • charlie12
    charlie12 Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    You have to follow this affiliate link

    That takes you to the general public Apple store, they've removed the links to the education store so you can't get the 10% Egg cashback there.

    Depending on the value of your order, you might be better off buying from the education store as normal and going through Quidco instead for a further 3% off. Better still, wait for the Egg 2% Christmas offer before you buy.
  • coolio_2
    coolio_2 Posts: 1,408 Forumite
    Have a quick question, sorry if already asked. But if I want to buy from the applestore today, can I use my blu ecard and get the 10% cashback or do i have to wait for the new card to come thru?
  • WSO
    WSO Posts: 194 Forumite
    coolio wrote:
    Have a quick question, sorry if already asked. But if I want to buy from the applestore today, can I use my blu ecard and get the 10% cashback or do i have to wait for the new card to come thru?
    You could have a long wait if you are waiting for your new card as they are replacing them as and when they need to be... so yes, you can use your old Blue card as the Egg Money since the accounts were converted over at the weekend.
    The only computer error is a human one.
  • Just one question.....why apply and incur another credit search then? :confused:

    Well, that's the power of marketing for you :), and this forum...:D

    Once you start thinking about it, you can always convince yourself that a course of action is right...or wrong!

    Just sour grapes probably :D

    Thanks for highlighting it...;)

    CP
  • Devo
    Devo Posts: 236 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Still no card here... :confused:
  • charlie12
    charlie12 Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Got mine today :)
  • Got mine today too :dance:
    A greedy man's bag is never full
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