A Debit Card? A Credit Card? It's a Webcard!

Advantages: Secure purchasing on the Web
Disadvantages: Such a hassle trying to apply for it

...that I do without considerable thought. I have to be pretty sure that I can trust the other party and even then I have this feeling at the back of my mind that I am taking a risk, even with so called reputable organisations. After all, financial organisations as well-known as Nationwide have been known to let their customer's details get into distinctly suspect hands. What the article discussed was a facility that took away all the risk and seemed so simple and obvious that it was a surprise that no one else had thought of it. It was a credit card designed specifically for the web. A Webcard. The way that the Cahoot Webcard works is that it is a "virtual" debit card. It does not exist in a physical form, only as software. What makes it secure is that you can only use it once. So, what use is that if you have to apply for a new debit...

grahamft 02.08.2008 · Read review
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Review of Cahoot Card

Magellan Maestro - Brilliant GPS System.

Advantages: Brilliant Features. Extremely easy to use. Built in SD card reader.
Disadvantages: Slightly pricey compared to other GPS systems.

...scroll through your address book instead of having to enter the destination's address every single time. A built in SD card slot allows you to playback music and view pictures on the GPS device itself. Although it may not be too useful if you're in a car, if you're using the GPS system while riding a bike or walking down streets, it can be kind of like a GPS System + mp3 player in one gadget. The settings on the device allow you to turn on and off where you're willing to drive. For example, if you're not willing to drive on roads you have to pay a toll for, or highways, you can just uncheck the categories in the options. The GPS system will now only calculate routes that don't involve what you still have checked. I definitely recommend this GPS system to anyone in need of one. Extremely happy with my purchase....

harismahmood89 09.06.2009 · Read review
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Review of Magellan Maestro 4200 Regional

Egg Money - Cracking Card?

Advantages: Pre loading, 1% cashback, Earn Interest
Disadvantages: Interest still only 4%, Internet only

...Maybe I am just old fashioned but I have never really liked the idea of buying on credit, if I want something I will always wait until I can afford it, but when I started using the internet I knew I would need the added security that comes with a credit card and Egg Money really appealed to me for the following reasons. 1) Pre-loading. This simply means that you do not actually have to use it as a credit card but like a normal bank account. You can set up a regular monthly payment from your current account and top up any time you like. As it is an internet only account you can keep an eye on your balance and make sure you never go into the red. 2) 1% cash-back on all purchases (more for some selected retailers such as 5% at Dixons and CDWow. - check website for latest offers) 3) 4% interest received on positive balances...

bazh66 13.07.2007 · Read review
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Review of Egg Money (Credit and Debit card in one)

Standing Orders and Direct Debits.

Advantages: Provide Easy payment methods
Disadvantages: You loose some control to banks and companies

...Standing Orders & Direct Debits. I work in the finance industry and know how these payments work. I am aware not everyone is though. Without going into boring detail, I will try to give you basic understanding of the 2. For those interested you can either drop me a line or visit; (http://www.apacs.org.uk/aboutapacs/htmfiles/bacs.htm - Company that controls these payments) (http://www.apacs.org.uk/aboutapacs/htmfiles/debits.htm - Direct Debits) (http://www.apacs.org.uk/aboutapacs/htmfiles/storders.htm - Standing Orders) A direct debit is an agreement set up between you (the customer) and the company (such as British Gas, BT, etc) that will take funds direct from your account. It is used by companies that are registered with the company that controls direct debits (called BACS). A standing order is...

Charliebuoy 07.02.2003 · Read review
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Review of Direct Debit Card/Payment Services

Six Years & Still Going Strong...

Advantages: Providing you pay it off in a year its interest free...
Disadvantages: High Interest on cash withdrawals from cash points.

.... PAYING MONTHLY When you sign up for the card you have to give them your bank details so they can collect the minimum payments every month via direct debit. This is a condition of having the egg card so if you don't want to set up a direct debit it is unlikely you will get approval for the credit card. Payments are usually taken on the 16th of every month, so paying is simple providing your bank has sufficient funds to pay it. To set up your payment amount you need to login to you egg account, payments are always set to take the minimum payments from your bank but if you wish to pay more of one off payments you can do this from your online account. MY OPINION Considering I only wanted the card for my holiday and I have now been with egg for six years must say something for the company, I feel confident with egg in every way...

mythdata 27.01.2009 · Read review
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Review of Egg Money (Credit and Debit card in one)

Have a credit/debit/store card? Read this

Advantages: Card protection, cheap, range of services
Disadvantages: None

...Sentinal Card Services is something I would not consider being without. It wasn't until I subscribed to the service that I realised how much it offered. Basically, its a card protection package. You provide them with the numbers of all your credit / debit / store cards and if they are ever lost or stolen, you just make one phone call to Sentinal and they contact all your card holders on your behalf. Lets face it, if your cards were lost would you know what number to ring / remember your card number / remember to ring them all?? They even ensure you against fraudulant use in the meantime. On top of that, if you ever move house, they will let all your card issuers know on your behalf. That alone saved me hours of phone calls and letter writing when I moved house recently. They will also keep a note of the serial numbers of other...

hpcs7350 15.03.2001 (06.02.2001) · Read review
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Review of Sentinel Card Services

Nectar Card

Advantages: Lots of retailers to collect with
Disadvantages: Online points may not equal amount of cashback available elsewhere

...The nectar card is the loyalty card associated with Sainsbury's, however it has since branched out and is affiliated with many companies which allows for maximum point collecting! Let's start with the basics, you get 2 points per pound spent at Sainsburys or 1 point per litre of petrol bought at the Sainsbury's petrol garage. Each point accumulated is worth half a penny, so you need 2 points to equal 1 pence. If you redeem your points in store at Sainbury's then you will need minimum 500 points for £2.50 off o your shopping. Points need to be redeemed in increments of 500. Points can also be collected in other stores, for example Dolland and Aitchinson also give 2 points per pound, as do Homebase. As far as I am aware however, you cannot redeem your points against your total bills in these stores. Points can also be collected...

rachieb123 06.10.2009 · Read review
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Review of Nectar Card

Fried,Scarambled or Boiled?

Advantages: Pays interest on positive balances Cash back
Disadvantages: Web site sloooooooooow at times

.... Prior to my sandwiching my Egg Money card between my cash card and my Tesco's Clubcard I was an avid collector of Nectar points via the Sainsburys Bank Credit Card. Unfortunately due to them becoming rather stingy on how many Nectar points it paid out plus the situation that saw my Nectar card going into a negative balance - Yes I have a debit on a Nectar card! I gave up collecting Nectar points and went on the hunt to find an alternative and the card that eggactly fitted my needs was the Egg Money card. Egg.com is solely an online financial institution, you will not receive a paper statement from them most communication can be done via their secure messaging system I have always found questions answered very promptly. Should you need to you can call their call centre which I have done on a couple of occasions you'll find that you are...

The_Nursey 29.03.2008 · Read review
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Review of Egg Money (Credit and Debit card in one)

Money, Money, Money

Advantages: Saves you time and effort, free to set up, leaves the money in your account to the last possible moment
Disadvantages: If you're no careful you can lose track of spending, mistakes have been known to happen

...A large part of my last job in the UK involved sorting out the troubles customers got themselves into when they “forgot” to pay their store card bills, and at least 5 times a shift I could be heard to mutter the immortal words “Well why don’t you set up a Direct Debit?” I’ve got a few of the lovely DD things – one for my rent, another for my credit card and a third for my staff card, but just what are they? 1. What is Direct Debit? Direct Debit is a simple and safe method of paying bills and subscriptions automatically from your current account. You and the company in question agree the amount to be collected and the date on which this will happen, and then you sit back and relax. From then on the amount will be deducted from your account on a regular basis. The company can only take up...

zoe_page 23.01.2003 · Read review
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Review of Direct Debit Card/Payment Services

Don't put all your Eggs in one basket!

Advantages: Cashback on Purchases; Interest on positive balances
Disadvantages: Online administration only and some very annoying quirks!

...which the funds were being transferred made a mistake and refused the direct debit (another story entirely!). As soon as we were aware of the problem we decided to use a debit card to make a payment to Egg Money so that the balance would be cleared. A telephone call to Egg resulted in the late payment fee being waived and we were impressed. Not so fast?. The following month I was keeping a close eye on our accounts to check that further problems were not experienced. To my horror Egg only requested the minimum payment from our account meaning that, in theory, we were incurring interest on the remaining balance on the card (no small sum either). I checked online and the account details were still showing that we had authorised the full card balance to be collected. A telephone call to Egg left us more confused than ever. We were told...

CareBear 27.11.2006 · Read review
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Review of Egg Money (Credit and Debit card in one)