The Egg credit card provides online banking and transaction facilities in association with Visa Inc. Also, Egg credit card users are eligible for exciting discounts on online purchases with partnering institutions, such as 0800flowers.com, lastminute.com, outnow.co.uk, 7digital.com and buyagift.com.
Egg Credit Card: Features
The Egg credit card offers a zero interest rate deal on balance transfers and purchases for a specified period. Details of the zero interest period are available in the online terms and conditions document. This introductory offer is valid for those who make timely payments of monthly bills and stay within the credit limit. Other features of the Egg credit card include:
Typical annual percentage rate (APR) of 16.9%, which is variable in nature.
Fee of £2 for monthly paper statements.
- Flexibility to make online balance transfers, overdrafts and loans from existing credit cards.
- Minimum credit limit of £500.
- Payment of monthly outstanding bills on time and facility to extend the interest-free period on purchases by 45 days.
Egg Credit Card: Benefits
The Egg credit card offers a range of benefits to its customers, such as:
- Instant and paperless application procedure.
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- Discount on purchasing Egg insurance through the Egg credit card.
- Insurance cover of £1,000 on items costing more than £25. This covers loss or damage to the items before home delivery for a maximum period of 30 days.
- Unlimited protection against unauthorized transactions.
- Travel accident insurance for cardholders and their immediate family, only if the travel fare is paid through the Egg credit card.
- No annual fee.
- Online fraud protection services help identify any suspicious activity on the credit card. This service also offers immediate help in case the cardholder is a victim of online fraud.
- Optional Egg card repayment service can pay for outstanding bills in case the cardholder faces loss of income due to injury or illness. One can make use of this facility against payment of a monthly premium.
How to Apply for the Egg Credit Card
To apply for the Egg credit card, an individual should be at least 18 years of age and have:
- Proof of residence for the last two years
- Access to the Internet
- A UK bank account
‘Egg’ is the trademark of Egg, which can be found at www.egg.com