Comments on: HSBC Bank – $27.7B

By: St Louis Refinancing - Floyd

St Louis Refinancing - Floyd — Wed, 28 Jul 2010 00:18:55 +0000

HSBC bank has been in the news quite often not just for hiding actual losses but for the lack of professionalism. But truth be told, they are not the only bank lowering credit limits on the whim. Every bank is doing this from B of A to your friendly, local bank. They are making vigilant efforts to lower their risks and losses especially due to this mortgage crisis. Right or wrong, they do have the legal right to lower credit limits or raise interest rates. Credit is a privilege and not a right. The only thing you can do is get another credit card and keep your old card open for a while so that your credit report doesn’t take a hit.

By: Customer

Customer — Wed, 20 Jan 2010 05:37:57 +0000

Worst Credit Card service in the world,They don’t know how to talk with customer,Team of unexperience person,Persons in this bank don’t know banking.I just suggest to other the bank with useless people and worst employee and services is known as HSBC.Please be carefull before using creditcard of HSBC(Looser).

By: Doug Wyand

Doug Wyand — Tue, 03 Mar 2009 23:42:24 +0000

I had no idea this bank was being run by such losers. I have a credit card with these bunch of morons. Paid hundreds of dollars in finance charges, on time and even paid off the balance on occasion. What’s my reward? My $8000 credit limit, that I so carefully protected was “re-evaluated”, per the overseas idiot on the phone, down to $300. Wrote a letter detailing my dissatisfaction and canceled the account. AND don’t let them tell you this will not impact your credit score or have anything to do with the credit reporting agencies, it’s a lie! DO NOT DO BUSINESS WITH THESE IDIOTS, THEY WILL RIP YOU OFF AND DAMAGE YOUR CREDIT!