Excellent card (Egg Card)

Member Name: somersetsaint

Product:	Egg Card
Date:	30/08/00 (30 review reads)
Rating:

Advantages: Cash back; easy to set up

Disadvantages: No paper bill; low credit limit

I'm not a great fan of credit cards, because they always tempt me to spend too much money. Sadly, in this age of internet-, phone- and mail-order, they're pretty much essential; not to mention those times I get half-way round the supermarket and realise I've got about 75p in cash.
So I got an Egg Credit Card. I filled in the online form, and waited for the direct debit form which I had to check and sign. It didn't take long before I had my attractive (not!) green card in my mitts. And no, I'm not going to waste time complaining about plastic.
The fact is, that despite my reluctance to use it, the Egg Credit Card is a great piece of retail equipment. No annual fee, and a reasonable interest rate if you ever need to use that facility (I don't, there are cheaper ways to get money lent to you). You can easily set it up to take your months spending direct from your bank account, the only catch being that you don't get a monthly bill on paper, only online.
The up-side of that is that Egg are able to offer you a 1% rebate on ALL purchases you make with the credit card. This is increased to 2% in the 'Egg Shop' which includes online retailers such as Amazon.co.uk. If you use a credit card a lot you could save a significant amount of money through this. Egg also guarantees all purchases made from these websites.
A useful card, with few downsides other than the lack of a paper bill. Get one!

Summary: