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Egg Money Statements (Read 10629 times)
YorkshireBoy
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Re: Egg Money Statements
Reply #225 - Mar 10th, 2010 at 8:08am
 
MrChips wrote on Mar 10th, 2010 at 8:01am:
That's normal, and is probably a good sign that some cashback is on its way.


It probably also means that the thick end of £40K has to be cycled during next February's Pullman season. Shocked
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m1chaels
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Re: Egg Money Statements
Reply #226 - Mar 10th, 2010 at 9:01am
 
I hope so although looking at last year the CB was credited to my March statement and not this year...
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MrChips
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Re: Egg Money Statements
Reply #227 - Mar 10th, 2010 at 10:02am
 
I believe that all cashback is paid simultaneously to all Egg Money cardholders and is not aligned to statement date.  So you will hopefully find it showing in a matter of days.
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Re: Egg Money Statements
Reply #228 - Mar 10th, 2010 at 10:17am
 
MrChips wrote on Mar 10th, 2010 at 10:02am:
I believe that all cashback is paid simultaneously to all Egg Money cardholders and is not aligned to statement date.  ....

That's correct, MrChips
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Re: Egg Money Statements
Reply #229 - Mar 10th, 2010 at 10:39am
 
Just checked back to my statements from last year and I can see that my March statement (due on 14th) had a negative cashback amount due to clawback , but then my £200 cashback was credited sometime just after it Smiley
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tipsychick
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Re: Egg Money Statements
Reply #230 - Mar 10th, 2010 at 12:13pm
 
YorkshireBoy wrote on Mar 10th, 2010 at 8:08am:
MrChips wrote on Mar 10th, 2010 at 8:01am:
That's normal, and is probably a good sign that some cashback is on its way.


It probably also means that the thick end of £40K has to be cycled during next February's Pullman season. Shocked


Or £60K!  Double Shocked
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CannyJock
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Re: Egg Money Statements
Reply #231 - Mar 10th, 2010 at 1:16pm
 
Checked a relative's account on Egg Money, their statement date was 9th March. They're cashback has been reset and shows £3 odd, but no cashback paid out yet.

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planteria
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Re: Egg Money Statements
Reply #232 - Mar 10th, 2010 at 8:17pm
 
" cash back earned on your last statement  £40.00
cash back to date £162.28 "

still showing for me.
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Re: Egg Money Statements
Reply #233 - Mar 11th, 2010 at 9:36am
 
tipsychick wrote on Feb 27th, 2010 at 12:30pm:
Dagobert wrote on Feb 27th, 2010 at 10:00am:
The statement has been produced. It shows no cashback at all.


If you go to the left hand side of the statement and click specifically on the cash back tab, it might state "you've reached the maximum cash back of £200.00 this year"

Thank you for that. It shows that I have reached the max. of £200. My statement is not due until the 27th. No cashback has been paid yet.

A friend told me that he had his cashback paid last year. However, Egg clawed back the overpayment through the following year's spend. Has anyone else experienced this?

I use Egg Money for all my spending and just top it up in February. I would be concerned that they might close the account if it wasn't used.

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tipsychick
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Re: Egg Money Statements
Reply #234 - Mar 11th, 2010 at 11:18am
 
Dagobert wrote on Mar 11th, 2010 at 9:36am:
A friend told me that he had his cashback paid last year. However, Egg clawed back the overpayment through the following year's spend. Has anyone else experienced this?


Yes, I think most of us had the cashback clawed back on our March 2009 statements, which puts you in a weird negative cashback situation. 

My cashback was showing as -£200 from my March 2009 statement onwards.  This meant once Jan 2010's statement had been generated, I had to run £40K from Egg Money to Egg Savings before Feb 2010's statement to get the £200 cashback this time!

The cashback isn't always clawed back.  Unfortunately there doesn't seem to be much rhyme or reason why, although I think we might have narrowed it down at one point to newer accounts nearly always clawing back and older ones being more hit and miss. 

Whilst the pullman method is working, it seems a bit of a waste to use Egg Money conventionally for the 1% cashback.  I put a bit of spending through to show willing and have it in reserve as a back up card but it might be worth considering a slow stooz card or another cashback card for genuine spending, as you can get the £200 cashback via pullman in any event.
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jazzking
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Re: Egg Money Statements
Reply #235 - Mar 11th, 2010 at 12:57pm
 
Not everyone's got £20k or £40k to cycle through in one month though, even if you only had smaller amounts, doing it in several goes is likely to arouse suspicion...

All BTs I do via EM -> ES -> stoozepot now though which helps, but for normal spending I do prefer to have a CC for day to day use that gets cleared every month.  Normal spending gets me to around £130 of cashback in the year.  I'd need a few slow stooze cards on the go to get all my expenses covered and withough an offset mortgage yet and the savings rates it's hardly worth it IMO.
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Re: Egg Money Statements
Reply #236 - Mar 11th, 2010 at 10:27pm
 
Just checked my account to find that cashback was paid today. Cheesy

For what its worth my statement date is normally the 19th
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Re: Egg Money Statements
Reply #237 - Mar 11th, 2010 at 11:27pm
 
Cashback credit is shown for my account and for Mrs Rics account; however the balances have not been altered to reflect the posted credit items  !!??!!

Undecided Undecided
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YorkshireBoy
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Re: Egg Money Statements
Reply #238 - Mar 11th, 2010 at 11:44pm
 
Yep, the line "ADJUSTMENT TC 280     -£xxx.xx" is always very welcome. Smiley
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Re: Egg Money Statements
Reply #239 - Mar 12th, 2010 at 8:16am
 
£200 banked and on it's way to Shelterbox. Thank you Mr. Egg.
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