Egg was originally set up as a part of the Prudential Group in 1996. In 1998 this division was branded
On the 1st May 2007 Egg was sold to Citigroup for £575
million. Because Egg is only available online they clain to be the world's largest pure online bank.
Egg is a member of the Financial Ombudsman Scheme and Financial Service Compensation
Scheme so deposits are covered up to £50,000.
Egg Card Services
was estimated in early 2008 that 2.3 million egg cards were in issue.