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Extra Christmas cash from egg Money

17 November 2005
Revolutionary spending account egg Money is giving customers a helping hand with festive payments this Christmas by doubling cashback.

Customers will now enjoy two per cent cashback on purchases made between November 16th and December 10th this year.

Mark Nancarrow, egg’s chief financial officer, said: "Egg Money is designed to reward customers whether they spend or not. However, for many people, the run up to Christmas is their most expensive time of year.

"Doubling cashback to two per cent will help shoppers using the card to ease the cost of the festive period or treat themselves to something extra."

Shoppers buying their Christmas gifts in Selfridges will receive ten per cent cashback, while online shoppers buying gifts from and will receive ten per cent and five per cent cashback respectively.

The egg Money account was launched last month to help customers control their finances by separating 'spending' money from cash intended for bills.

Customers normally receive one per cent cashback on all purchases and the account has a four per cent AER.

A recent surveyed predicted Brits will spend an average of £450 each on Christmas presents this year.

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