Cash back, excellent website, long interest free period
Disadvantages:
Slow transfers to/ from the account .
Recommend to potential buyers:
yes
Full review
This is a great credit / debit card as it is one of the best cash back schemes available. The card is innovative as it functions both as a credit card and debit card.
If you are in credit it pays you 4% interest (gross and taxable - so not so good for 40% tax payers) - but still reasonable.
Once you slip into owing it money there is a very long interest free period (around 65 - 70 days) my cut off date is the 12th of the month and I don't have to pay that until the end of the month afterwards!
You received 1% cash back on all purchases paid annually. I use my card to pay for all my work expenses - this is a great card if you travel a lot for work - I have earned over £100 cash back so far this year purely on expenses. It is a shame that the limit for cash back is £200 as I will probably earn more than that!
You also get instant cash back on Asos. com, figleaves.com and virgin wine to name but a few - great for girls!
The Egg website is very easy to use and only breaks down occasionally. Sometimes the system automatically changes your payment options which is very annoying. I pay the full outstanding amount every month and my payment got changed to the minimum payment. This meant I got charged interest - but if you make a fuss they will refund this and apologise.
I would recommend this to anyone who pays their balance off in full every month, who pays for lots of work expenses and is comfortable with internet only banking!
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