HSBC India Credit Cards Complaint - HSBC Credit Cards, India - Muggers and goons
Anyone wanting to get ripped of their money by muggers, but not in person, approach HSBC for a credit card. The will give you a credit card. And then, everything will be fine as long as you are in touch with them regularly, log into your account regularly and transact regularly. Lets say there comes a lag in log in time to manage your account, some diff in the time for transact. That's when they start their tactics. They wait for you to make a huge transaction, block your online account, and then stop sending the statements. And then, they start levying charges on you, even if you pay the money, demand annual fees even if the card is closed. And they never respond for your requests. All they want is money and money. Gimme money. else, I will ask you more more money. Pay the money, I will come back again asking more.
That's their policy, sort of blackmailing, but in a polished way.