Egg Bank Account

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Egg Bank Account

Since its introduction into the banking sector in 1998, Egg has gone on to become the world's largest purely online bank, constantly offering its customers rates that match online and high street competitors.

Now owned by the Prudential Group, Egg banking offers customers most products (with the exception of a basic bank account) including a credit card, savings account, loans, mortgages, several investment options, share trading and insurance.

Egg has focused heavily on launching flexible banking products into the market and its mixture of innovative branding and products has helped ensure it is able to attract new customers.

Egg proudly boasts a host of awards to its name, including accolades for other parts of its set-up such as banking technology, retail technology, media clarity, PR and innovation. Unlike most internet banks, the company also possess an-award winning design to go with its pioneering technology, making the site concise, clear, reliable and simple to use.

Egg’s internet banking services differ somewhat from ordinary internet banking due to the fact that customers are not offered current accounts.

But standard online banking features such as accessing accounts, making money transfers, viewing statement and balance information are all available as expected. Payments to accounts can be made using a financial address book, which allows users to add and edit accounts.

Money can be withdrawn from savings accounts, although very large withdrawals, additional mortgage payments and payment holidays need to be handled over the phone. Furthermore, Egg Pay - the bank’s award-winning innovation of money by email - can also be fully administered online.