EGG CARDS BRIEF TO POTENTIAL CLIENTS

2007-04-17 04:46:40

( Financial )



Egg Banking

Egg Banking, an internet banking facility, provides egg cards. It sets credit limits on how much card holders must spend using their egg cards. It does necessary credit checks before it approves increase in credit limits of card holders. Holders of egg cards, however, can request to increase or decrease their credit card limits.

Payment, Interest Rates and Charges

Clients pay the minimum amount stated in their contracts through direct debit. Egg Banking imposed interest rates on purchases, balance transfers and cash advances. Interest rates are variable rates meaning it changes depending on the rates playing in the market.

Late payments incur penalty fees. However, falling delinquent on your repayments will have severe impact on your credit scores and might jeopardize your ability to access credit later on. Egg cards allow infrequent repayment holidays to give time for clients to beef up their finances before prior to paying off their egg accounts.

You can avail of various products in Egg Finance and pay it through egg cards. It is the most convenient way to pay off egg mortgages, egg loans and other egg accounts.

Egg Cards Promotion and Special Offers

Egg cards offer the usual promotional programs that other credit card vendors offer. Cash backs and other introductory offers apply to egg card clients. The frequency of these offers depends on the line of programs of Egg Banking.

Rights of Clients Using Egg Cards

Egg cards provide clients appropriate rights stipulated in Consumer Credit Act. It gives clients rights to settle agreements with Egg Banking with regards to the status of their Egg cards and settle any bills related to it. The act also gives them rights to sue Egg Banking and any of its registered supplies for any violation of their rights as stipulated in their agreement with Egg Banking.


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