Egg Credit Card Review

Overview

Egg credit card - Paperless application process - faster, easier and hassle-free. plus Internet shopping guarantee Whenever you shop with your Egg Card online, they guarantee you'll be covered against any fraudulent transactions carried out without your consent, whatever the amount

Free travel accident insurance Pay for all or part of your fare using your Egg credit card and you'll have the benefit of free personal travel accident insurance. This valuable protection pays a lump sum if you, your partner or your dependant children suffer accidental death or serious injury while travelling.

Plus Great deals and discounts at selected retailers

Who can apply?

To get an egg credit card you need to be a UK resident aged 18 or over. We recommend you have your salary, banking and employment address details to hand to avoid any delays in applying for a egg card.

Credit Card Application Process?

Egg do a paperless application process. The Egg credit card online application form takes a five minutes to complete with an easy step by step instructions and as you would expect secure website protection, make sure you have all the details with you as the application will ask you your personal details, details about your work, what type of card you want and finally confirm the legal, terms and conditions.

What are the benefits of a Egg Credit Card?

• Free travel accident insurance
• Free purchase in transit protection
• Interest-free grace period*
• Savings on Egg Insurance
• Great deals and discounts at selected retaile

What are the credit card charge rates?

Card issue fee               Free
Typical APR Rate         Typical 16.9% APR variable.
Intro Offers              0% interest on balance transfers until 01 May 2009
Annual renewal fee            Free

Default Charges?

• Late payment fee - £16
  Over credit limit fee - £16
  Returned payment fee - £16

You can avoid additional charges. Please stay within your credit limit and ensure that your payments are received on time.

What is the minimum payment I need to make each month?

The full outstanding balance if it is less than £5, but otherwise the greater of
(1) £5 or
(2) 2% of the Revolving Balance or
(3) interest plus repayment protection premium;
plus for Transfered Balances made during any promotional periods the greater of
(1) £5 or
(2) 2% of the Transfered Balance.

If you only make the minimum payment it will take longer and cost you more to clear your balance.

Egg credit card - Repayment Plan option?

What if you're unable to work through accident, sickness or unemployment? Your Egg Card monthly repayments will still have to be met, and card repayment protection could help.

For a monthly fee of 79p per £100 of your statement balance, Egg Card repayment protection could pay a monthly benefit of one tenth of your outstanding balance until you return to work or for up to one year. Additionally, in the event of your death or diagnosis of a serious illness, your outstanding balance could be paid in full. If your balance is zero, you will pay nothing.

Where do i make a Complaint?

Egg make it as painless as possible if you do. they have an internal complaint escalation process that fully complies with the requirements of the Financial Services Authority

First of all, let them know what is wrong or what it is that you're unhappy with. You can tell them all about it by calling 08451 233 233 or, if you're an existing customer, by sending us a "secure message" via the Egg website

If after the first step, your complaint has not been resolved to your satisfaction, it will be escalated to our Customer Relations Office. They will acknowledge your complaint promptly, no later than five business days from receipt of your complaint, by phone, post or email Customer Relations Office - Egg Banking plc Riverside Road Pride Park Derby DE99 3GG

Your right to cancel?

You have a right to cancel this Agreement. This right will expire 14 calendar days after we post the card to you. Unless you cancel within this period you will be bound by this Agreement. If you wish to cancel the Agreement, please send written notice to Egg, Customer Services Department or call them on 08451 233 233 If you cancel you will still need to repay any money already lent to you. Unless you repay this money in full within a month of cancellation, you may be required to pay interest or other charges under the terms of this Agreement.

The Consumer Credit Act 1974 lays down certain requirements for your protection which should have been complied with when this agreement was made. If they were not, we cannot enforce the agreement without getting a court order.

The Act also gives you a number of rights:

1) You can settle this agreement at any time by giving notice in writing and paying off the amounts you owe under this agreement.

2) If you received unsatisfactory goods or services paid for under this agreement, apart from any bought with a cash loan, you may have a right to sue the supplier, us or both.

3) If the contract is not fulfilled, perhaps because the supplier has gone out of business, you may still be able to sue us.

If you would like to know more about your rights under the Act, contact either your local Trading Standards Department or your nearest Citizens' Advice Bureau

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Main Features

The Egg credit card is one of the most popular credit cards in the UK , Apply online now with Secure online application Get a Response in 1 Minute,

         
Issued By:
Egg Banking plc is a member of the Financial Services Compensation Scheme. Egg Banking plc is authorised and regulated by the Financial Services Authority. Egg Banking plc (registered number 2999842) is registered in England and Wales. Registered Office: Citigroup Centre, Canada Square, London E14 5LB

Disclaimer All credit card APRs, features, charges, benefits and other information listed by Compare Prepaid represent the most recent information available at the time of writing. Every effort is made to keep the site accurate, however we cannot guarantee that a credit card issuer has not increased or decreased one or more of the APRs or fees/charges associated with a particular card or changed its features, obligations or benefits. Please be sure to read the Egg  Card agreement fully and carefully before making any agreement.