It contains four unreleased songs taken from the Anima Animus recording sessions which took place in 1995–1996.
In April 1996, when the Banshees officially called it a day, Siouxsie and Budgie announced that the Creatures were now their full-time effort.
Eraser Cut was released in August 1998 on both 10-inch vinyl and CD.
Prior to that, a stand-alone single "Sad Cunt" had been issued in a limited edition a few months earlier in May and given away at two Creatures concerts in London.
[1] All songs written and composed by Siouxsie and Budgie.