Egg Credit Card Review
 Lengthy 13-month 0% balance transfer deal
Cash back and shopping discounts
Free purchase protection insurance
THE Egg credit card has remained one of our top choices for a while now; with their fantastic shopping rewards including a phenomenal up to 10% cash back and a tonne of discounts (up to 25% off) just waiting to put some extra money back in your pocket.
Leading balance transfer offer
The Egg credit card offers a market leading balance transfer deal and remains at the front of the pack for 0% promotions.
You'll get 0% on balance transfers until 1st August 2010 - which is up to 13 months of no interest charges. Just remember you will have to move your balance to the Egg credit card by 1st October 2009 to qualify - and balance transfers carry a 3% fee.
Balance transfers are the way to go if you have outstanding balances on other credit cards and can save considerable amounts money over the course of the offer and see you debt free much quicker.
0% on purchases too
Egg wins extra points for offering 0% on purchases until 1st October 2009 (apprx. 3 months) - allowing you to splash out and repay your purchase over the next few months.
Cardholder services and extras
The Egg credit card just keeps on going, with free purchase in transit protection insurance, an internet fraud guarantee, savings on Egg insurance and a travel accident insurance policy.
| Interest Rates and Fees |
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Notes.. |
| Typical APR |
16.9% APR (variable) |
The typical APR is the rate most people are offered.
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| Introductory Purchases |
0% until 1 October 2009 |
Payments will be applied towards introductory rates first. |
| Balance Transfers |
0% until 1 August 2010 |
Balance transfers must reach the account by 1 September 2009 to qualify.
Payments are applied towards introductory rates first. |
| Balance Transfer Fee |
3% |
When you transfer a balance to this card you will be charged a 'handling fee'. |
| Cash Withdrawal Rate |
22.9% p.a. (variable) |
This is the rate you are charged on balances resulting from using a cash machine, getting cash back at the supermarket or buying foreign money. |
| Cash Withdrawal Fee |
3%
(£5 minimum) |
ATM withdrawals are charged a 3% (£5 min) fee. Other cash withdrawals are charged a 3% (£3 min) fee. |
| Annual Fee |
None |
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| Foreign Transaction Fee |
2.95% |
This is fee you will be charged for credit card transactions made abroad.
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| Rewards |
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Notes.. |
| Cash Back |
Up to 10% at selected retailers |
Shop online with your Egg credit card through the egg.co.uk web site and you'll get cash back.
Selected retailers include Lastminute.com, Truprint, Lounge Pass, 0800flowers, 7digital.com. |
| Shopping Discounts |
Up to 25% off with selected retailers |
Shop online with your Egg credit card through the egg.co.uk web site and you'll get a range of money-back offers and discounts. Retailers include figleaves.com, I Want One Of Those, Joe Browns, buyagift.com, Virgin Wines, Holiday Autos, Holiday Extras, Black Tomato and OutNow.co.uk.
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| Egg Insurance Offers |
Discounts and rate offers on Egg travel and motor insurance. |
- 10% discount with Egg Travel Insurance
- 0% for 12 months on Egg Motor Insurance premium. |
| Cardholder Services & Extras |
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Notes.. |
| Online Account Management |
Yes |
You can log in to a web site and manage your Egg credit card account online. There are no 'on-the-street' banks, banking can only be done online, via post or post office and over the telephone. |
| Purchase In-Transit Insurance |
Up to £1,000 per item |
Goods costing £25 or more bought with this card will be covered for up to £1,000 per item against damage, loss and theft before you get them home, or for up to 30 days, whichever comes first. |
| Internet Shopping Guarantee |
Yes |
Guaranteed protection against any fraudulent transactions carried out without your consent. |
| Travel Accident Insurance |
Up to £50,000 |
When you pay for your travel with this card you and your family will be covered against death or serious injury whilst abroad. |
| Other Extras |
Savings on Egg travel insurance |
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| Optional Extras |
Card protection plan, Repayment protection |
These are extras that you can choose, but you will have to pay for them. |
| Payments & Payment Details |
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Notes.. |
| Credit Limit |
£500 minimum |
Credit limit may vary from person to person and is subject to status. |
| Interest Free Period |
Up to 45 days |
For purchases if you pay your balance in full and on time. this is the amount of time you have to clear your balance in full each month before you are charged any interest. there is no interest free period on cash withdrawals or balance transfers outside of the introductory period. |
| Minimum Monthly Payment |
2%
(£5 minimum) |
The minimum monthly payment is the smallest amount you must pay each month (unless your credit card balance is zero). |
| Allocation of Payments |
Introductory rate balance transfers, interest charges and fees, non-introductory balance transfers, purchases (including introductory rate purchases) and then cash withdrawals. |
When you make a payment to this card, payments will first be applied towards promotional balance transfers, then interest charges and any fees, then non-promotional balance transfers and purchases and finally to cash withdrawals. |
| Default Charges |
£16 |
This is how much you will be charged for late payments, returned payments and if you go over your credit limit. |
| Copy of Statement Fee |
£2 |
This is the fee you will be charged for duplicate statements. |
| Card Details |
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Notes.. |
| Online Application |
Yes - Instant Decision |
In most cases. when you apply online you may receive a decision on your application straight away. to be considered for this credit card you must be aged 18 or over, UK resident, have regular access to the internet and have a current bank or building society account. |
| Card Type |
Classic |
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| Payment Company |
Visa |
The company who provides the payment technology and infrastructure to allow you to use this credit card.
Retailers and ATM machines displaying the 'Visa' logo will accept this credit card. |
| Card Issuer |
Egg |
The bank who issues this credit card. |
| Card Advertiser |
Egg |
The company who advertises and promotes this credit card. |
Egg Credit Card User Reviews
What do you think? Add your review of the Egg credit card.
Myra Button writes... 29/01/2008 "Egg credit card offer brilliant customer service, they've sorted out any problems I've had without a hitch and they're quick to respond to the online account secure messaging." Tim writes... 03/01/2008 "I agree with Jane, the Egg Money Manager (online access for various bank accounts) it's definitely worth taking the Egg card out just for that. Though I got it for the 0% balance transfer." Jane Horton writes... 09/12/2007 "Their internet banking is really handy as you can access all your accounts in one place - even if it's with Barclays or a completely different bank. Statements are a breeze to check through and I've not had any problems with them over payments or queries. It's great for a balance transfer - though I'm not sure if I'll hold onto it pass that, but all in all it's a thumbs up." Robert writes... 08/10/2007 "It's alright for a balance transfer but the interest rate is pretty sky-high when the 0% period ends." David Haslam writes... 10/05/2007 "I think the Egg credit card is one of few great 0% balance transfer deals, it offers a reasonable balance transfer fee and rewards long term customers with 0% deals as well as newcomers."
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At a Glance
Egg Credit Card
| Typical APR: |
16.9% APR |
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| Purchases: |
 0% until 1 October 2009 |
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16.9% p.a. thereafter |
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| Balance Transfers: |
 0% until 1 August 2010 |
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3% transfer fee |
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| Rewards: |
Up to 10% Cash Back |
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Shopping Discounts |
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| Interest Free Period: |
Up to 45 days |
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| Annual Fee: |
£0 |
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| This card includes: |
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 Online Account Management |
| Fraud Security |
| Purchase Protection |
| Travel Accident Insurance |
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| You should only apply if you are: |
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| • Aged 18 or over |
| • UK resident |
| • Have a current UK bank or building society account |
| • Have regular access to the Internet |
| • Can be contacted via a personal e-mail address |
Review Continued...
The Egg credit card offers cardholders the chance to save money and earn money too, making this a credit card you'll want to keep handy at all times. The Egg credit card also comes with a range of free services that will help to keep your money and your purchases safe too.
0% balance transfer offers...
The Egg credit card breaks the mold with it's leading 0% promotion on balance transfers.
When you take out an Egg credit card you'll be able to transfer an existing credit card balance to your new Egg card and benefit from 0% interest rates on this balance until August 2010 - that's up to 13 whole months!
Balance transfers do carry a handling fee, but it's only 3% of the balance you are transferring, much less than the money you will save in interest charges.
Just remember to move your balance over to the Egg credit card by 1st October 2009 to qualify.
0% on purchases...
The Egg credit card doesn't just offer 0% interest rates on balance transfers, but offers them on your purchases too. When you take out an Egg credit card you'll get 0% interest rates on all your purchases until 1st October 2009.
Huge amounts of cash back and great shopping discounts
The Egg credit card enables you to earn up to a staggering 10% cash back and receive up to 25% off shopping discounts when you shop online with selected retailers through links provided on the Egg.co.uk web site. Current retailers include Lastminute.com, Truprint, Lounge Pass, 0800flowers, 7digital.com, figleaves.com, I Want One Of Those, Joe Browns, buyagift.com, Virgin Wines, Holiday Autos, Holiday Extras, Black Tomato and OutNow.co.uk.
The cash back you earn with your Egg credit card will be credited back to your card account every year, usually in September. And of course, discount offers will just knock down the price you have to pay.
Egg Benefits and Features
Egg Money Manager
As an Egg customer, you'll get free access to this safe, easy-to-use online money managing service. The Egg Money Manager lets you view all your online accounts in one place, even if they are with other banks.
Egg Insurance Savings
Egg credit card customers can benefit from savings on travel insurance taken out with Egg.
Apply Online for egg credit card 
Egg Banking plc
1 Waterhouse Square
138-142 Holborn
London EC1N 2NA
www.egg.com
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