Alot of people were calling in to BBC Radio 1 today to say they had their cards pulled, but had excellent credit scores and had 0 balances on their cards, which I found strange for Egg to do.

Also, Egg deny it is to do with the credit crunch, but surely it is?

Wow, I wonder if a similar action is going to follow here in the U.S., this definately is going to have an negative impact in the markets on Monday. They were smart though they announce it on a Saturday, just to give enough time so investors can analyze the move.

Egg's new owners are American company CitiBank, so maybe it will happen over there too, if not already.

Wow this 'is' big news! Thanks for the heads up. The markets world wide are showing vulnerable and volatile sides, this is a shame. Now are the banks and lending institutions going to start calling our mortgages because of the supposed sub prime delema? well remember, most of us are in this together.