Ownership of your Egg Card account
4627XXXXXXXX3061 has been transferred to Barclays Bank PLC.
Dear Dr Dewitt
As you may be aware, on 1 March 2011 we announced Egg credit cards were to be sold to Barclays Bank PLC. As a result of this, the ownership of your Egg Card account transferred to Barclays on 29 April 2011. The sale involves the assignment of all Egg Banking PLC's rights as the lender to Barclays Bank PLC, who have agreed to perform the obligations of Egg Banking PLC under the terms and conditions of your Egg Card Agreement. Barclays will manage your account through their credit card operation, Barclaycard. From 29 April 2011, references to 'we', 'us', 'our' and 'Egg' in your Egg Card conditions became references to Barclays Bank PLC and references to 'Group' will mean Barclays and each Barclays Affiliate including but not limited to Barclays Bank PLC and Barclaycard.
If you have any other products with Egg, such as Egg Savings, Egg Insurance, Egg Mortgages or Egg Loans, they are not affected by this announcement and will continue to be provided by Egg Banking PLC.
How you use and service your credit card account will not change immediately. You'll continue to be able to service your account online at www.egg.com in the usual way and use your Egg Card as normal. Any Direct Debits you may have set up with Egg will be collected as usual, so there's no need for you to change anything.
You can still make the most of all the benefits your Egg Card has to offer.
Why do I find this terrifying?