Egg goes blue with zero per cent interest
05 June 2004
Egg has introduced the new blue Egg Card, offering zero per cent interest on purchases for up to five months.
The new blue-coloured MasterCard is available to all existing credit card customers after their first six months with the online bank.
Additionally, the card offers 0.5 per cent cash back on all purchases, rising to 10 per cent when shopping with selected online retailers, such as Virginwines. Five per cent is offered at Lastminute.com, CDWOW, Boden and Empire Direct.
The standard interest rate, after the introductory free five months, is set at 13.9 per cent.
Mark Nancarrow, the chief operating officer at Egg said: "Our new blue Egg Card now increases the great value our credit cards offer, together they allow our customers to tailor their usage so that they best fit their financial lifestyle."
Existing Egg Card holders can get the new blue card on top of their original card and benefit from both cards' offers.
It is hoped the 0.5 per cent cash back offered on all purchases from the blue Egg card will be an attraction to those customers who are currently spending on an alternate credit card.