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.
Um.
Why do I find this terrifying?
Because it contains a contradiction, saying, that your ownership changed ownership, while still belonging to you. And other one, saying, that there was a change, but actually "nothing changed". And probably some others, too.
ReplyDeleteIf someone would tell you, that last Monday there was a decision, that your apartment is going to freeze next Monday, but there is no need to be afraid, because there will be warm inside it anyway, you would hear similar sound, wouldn't you? :)
Mind and reason are rational. Because sometimes it gets tricked, it doesn't mean, that it had quit being rational forever.
When someone asks rhetorical question, there's a difference between answering this question, and questioning its "rhetorical" nature.
Interesting what they actually do, but this would require more economical knowledge than I have. They seem to separate CC from other kinds of "financial products", including e.g. insurances. What could be rational reason for that.
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ReplyDeleteThere was once a great game series, called "Zork", which originally stands as "unfinished program" in computer slang. In one part, there was a scene with fictional plant, called "eggplant". The plant itself looked like eggs, they can be seen on second second :) of gameplay here:
ReplyDeletehttp://www.youtube.com/watch?v=GO4InyAJXh0
During the game, in a moment I'm unable to find, when player clicked on the plant, narrator voice was asking in irony
"Egg-plant. You got it? Egg-plant!"
Now, the point is, why do I get this reminiscence? Is it just because the game serie was great? :)
May 24, 2011 11:15 PM
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ReplyDeletehttp://www.oftwominds.com/blogmay11/out-of-control5-11.html
ReplyDeleteclink - clang..
clinking clanking sound.. :)
ReplyDeletehttp://www.youtube.com/watch?v=rkRIbUT6u7Q