Egg Financial Products

Compare a range of financial products and services available from egg. Read our section reviews, find a product that's right for you and apply online.

Egg Banking plc is an internet bank based in Britain, with its headquarters based in Derby, Dudley and London, England. Egg was formally known as Prudential Banking plc, before it was established in 1996, and has since become the largest internet bank in the world as the bank only operates online, or via its call centre.

Egg provides customers with a range of financial products, such as egg savings accounts, egg credit cards, loans, mortgages and insurance.

As of 1 May 2007, Egg became part of Citigroup - the world's largest bank by revenues as of 2008, based in New York.
When Egglaunched the egg card, it became quickly recognised as one of the UK’s biggest credit card providers through a range of marketing techniques as popular services. The Egg Credit Card comes complete with a variety of attractive features and introductory periods.

The egg card offers highly competitive introductory offers on interest free balance transfers and purchases lasting for well over 12 months and a range of anniversary offers such as extended 0% introductory offers and great deals and discounts at a list of retail outlets and other egg products.
Egg savings accounts provide savers with a great place to help their money grow, offering rates that sit well above the Bank of England Base rate on balances up to £100,000.

The Egg savings account does not penalise its customers for making withdrawals, giving you the flexibility to access your money when you need it. Egg also provides its customers with 24/7 access to savings accounts via its online banking facilities, allowing you to manage your account when it suits you.

Setting up a regular deposit is easy, helping you to achieve your saving goals.

Egg Cash ISAs offer a range of great features and benefits to make your money work hard for you, because after-all, you have worked hard for your money.

With an Egg ISA you won't pay any tax on your returns, so you can keep all of your interest without having to hand anything over to the tax man.

You can invest anything from £1 up to £5,640 into a cash ISA each tax year (April 5th – April 6th) and earn tax-free interest on your total balance.

Applying for an Egg ISA is quick and easy, and once you're up and running you can track and manage your ISA online, at a time and place that suits you. You can then make one off or regular payments into your ISA based on your financial needs.

You can withdraw funds from your Egg ISA by a BACS or CHAPS transfer to another account and you will not be charged for the privilege.

The Egg Fixed Rate Bond offers a chance to get a great interest rate with a guaranteed rate of return. Opening an Egg fixed rate bond is easy and requires just £1,000 to get you started, up to a maximum of £2 million.

To qualify for an Egg bond, you need to be an existing Egg customer, but don't panic if this isn't the case, as you can open an Egg Savings Account with as little as £1.

When opening an Egg fixed rate bond your initial deposit is the amount that sticks, so you can't make additional deposits throughout the term.

Early withdrawals are not permitted during the term, however you can close your account early, but this will result in a charge.

Egg Banking plc is a member of the Financial Services Compensation Scheme, so any deposits up to £85,000 will be 100% protected. If you wish to stick to this limit, always remember to calculate how much interest you will earn and deduct this from the £85,000 limit, as this interest earned of your balance would push you over the limit and you could risk losing out.