Continuing our series of credit card reviews, we now look at the Egg Credit Card – what are the benefits?
- 0% interest on balance transfers until 1 March 2012 put on the account by 1 March 2011 (plus 3% fee)
- 0% on new purchases until 1 March 2010.
Once the 0% offer periods end the standard variable annual rate will apply, this is currently 17.9% APR typical variable.
Apply for an Egg Card online, it’s fast, easy and hassle-free and it’s a paperless application process.
Other key benefits of the Egg Card include
- Over 1,500 online retailer offers from the Egg Cash Back Store
- Online servicing 24 hours a day, every day
- Cash advances – there is a 3% handling fee and interest is charged from the date the transaction is charged to your account
- Repayments – taken from your bank account by Direct Debit
- Credit Limit – the minimum credit limit is £500
- Savings on Egg Insurance
- Interest-free grace period – if you pay your outstanding balance in full each month you get an interest-free period of up to 45 days on purchases
- Convenient balance transfers
- Free purchase protection insurance – for items costing more than £75 bought with your Egg Card, you’re covered for up to £1,000 per item, if your purchases get damaged or stolen before you get them home. There is a £25 excess.
- Internet delivery guarantee insurance – covers items over £50 purchased online with your Egg Card against theft or damage. It covers items with a value up to £1,00, excluding goods bought from a private person or from suppliers outside of the UK and Channel Islands. There is an individual limit per claim of £2,000 and a maximum of 3 claims per year with a total limit of £5,000 per cardholder.
You can get all the details on the Egg website.
If you apply for an Egg Card, as with most credit applications, your credit history will most likely be checked to determine whether or not your application is succesful.
If you have any questions or need an up to date view of your credit history you can get a free credit report.
With this information you can check to make sure there is nothing incorrect showing or that you might be better to address before it gets included in your credit card application assessment.