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Home > Finance > Banking & Personal Finance > Credit Cards > Egg Money (Credit and Debit card in one)
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14 Reviews

Community Quote

I'm fairly sensible with my money and figured getting a 'cashback credit card' would be a savvy way of making a small bit of cash from my purchases, with the full balance being paid off and cleared... more

User Reviews

for Egg Money (Credit and Debit card in one)

Rating Summary based on 14 reviews

  • 5 Stars
    		5
  • 4 Stars
    		3
  • 3 Stars
    		3
  • 2 Stars
    		0
  • 1 Star
    		3

Detailed rating

  • Additional Charges
  • Competitiveness of APR
  • Ease of Application
  • Product package
  • Quality of Customer Service
  		• 3.1
  		• 3.4
  		• 4.5
  		• 4.0
  		• 3.4
  • 53 of 54 Ciao users found the following review helpful
    Picture of CareBear

    CareBear

    3 Stars Don't put all your Eggs in one basket! 27/11/2006
    User recommends the product

    Advantages Advantages Cashback on Purchases; Interest on positive balances

    Disadvantages Disadvantages Online administration only and some very annoying quirks!

    When it comes to financial matters I like to think of myself as a rather savvy consumer. I tend to shop around for good bank accounts and I make my money work for me. Credit cards are no different. If you are disciplined your credit card can actually make you money (well, technically what I am about to describe will save you money) and you don't need to enter the tricky waters of stoozing* to do it. Assuming that you are not actually borrowing money on your credit card and can afford to pay off the full balance each and every month there are some cracking deals out there which will actually ... more
  • 60 of 60 Ciao users found the following review helpful
    Picture of The_Nursey

    Level 6 The_Nursey

    Member since 09/11/2004

    Reviews written: 48

    4 Stars Fried,Scarambled or Boiled? 29/03/2008
    User recommends the product

    Advantages Advantages Pays interest on positive balances Cash back

    Disadvantages Disadvantages Web site sloooooooooow at times

    Egg.com is owned by the US based Citibank group and to use the first of probably many egg based puns they certainly got egg on their face the day they decided to withdraw credit from roughly 160,000 of their custumers - Citi bank claimed that credit was being with drawn from users with a risky credit profile. Unfortunately this turned into an eggceptionaly bad bit of publicity for Egg.com when it transpired that a lot of these so called bad credit risks were people like myself who used the card regularly and paid it off in full each month. Now I like my Egg Money card as it pays cash back - 1% ... more
  • 75 of 76 Ciao users found the following review helpful
    Picture of mythdata

    mythdata

    5 Stars Six Years & Still Going Strong... 27/01/2009
    User recommends the product

    Advantages Advantages Providing you pay it off in a year its interest free...

    Disadvantages Disadvantages High Interest on cash withdrawals from cash points.

    WHY I CHOSE THE EGG CARD. Well six years ago we were going on a six week trip to the USA and I hate to take cash or travellers cheques so I wanted a credit card that I would be able to use while I was out of the country and I would not be charged excessive amount for using it while abroad. While looking a different offers available at the time, the Egg banking seemed to be our only viable option as it allowed us to do this at no additional cost and you actually got the bank rate for that day on the US dollar, which was great as the US were in recession at the time so the exchange rate was ... more
  • 23 of 23 Ciao users found the following review helpful
    Picture of Dan_ep

    Dan_ep

    5 Stars CASHBACK and INTEREST on +ve balances 26/03/2006
    User recommends the product

    Advantages Advantages Cashback, simple to use, interest on credit balances

    Disadvantages Disadvantages Slow money transfer from external accouts, can work out expensive for some

    Egg's latest product is excellent, providing a all-in-one solution. It took me a while to get my head around how it works, but now I understand it, I think it's great! Use it as a credit card: ------------------------------- Essentially, the egg money account is a credit card. You get up to 50 days interest-free and can pay off the minimum amount only if you wish. It offers 1% cashback on all purchases, which is guarenteed until 2007. Cashback is paid yearly directly back into the account. It is calculated at the end of Feb and get paid at the end of March. The credit level depends on your ... more
  • 29 of 29 Ciao users found the following review helpful
    Picture of Gertie25

    Gertie25

    5 Stars Why pay to spend?? 05/07/2006
    User recommends the product

    Advantages Advantages Earn money while spending!

    Disadvantages Disadvantages Can't ge cashback in supermarkets

    I have had my Egg Money Manager card now for 4 months and I think it's a great concept for those who need a little help keeping in control of their finances. What is it? :- It's a credit and debit card in one. Put very simply, it acts very much like a current bank account with an overdraft facility. When you apply for a card, you will be set a credit limit, subject to status, as is usual with a credit card. You can pre-pay money onto the card to spend, or you can use the credit facility assigned - it's up to you. Benefits:- - No monthly or yearly fee (unlike most current bank accounts.) - Earn ... more

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