Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsCredit Cards Credit Card v18, Post/Ask general questions here, Please read post 1-3 before posting, tq
|
|
 Jun 3 2014, 12:51 PM
Return to original view | Post
#1
|
 
Junior Member
229 posts Joined: Nov 2006  
|
I just signed up for a credit card at a shopping mall and realised that the terms are not exactly as what the promoter mentioned. I called to get her to cancel but she has been ignoring ever since.
If the new credit card arrive, can I just don't activate the card, cut and dispose it? Will it affect anything (i.e. in terms of annual fee etc..)? |
|
|
Jun 4 2014, 03:40 PM
Return to original view | Post
#2
|
|
Junior Member
229 posts Joined: Nov 2006
|
QUOTE(kelvinlzy @ Jun 3 2014, 01:09 PM) You will be charged RM50 GST even if you do not activate the card. There are always some kind of promo where you use X times within 1-2 months period upon card approval date and you will be credited back the RM50 GST (usually 3 to 4 months later). Know what are terms and conditions for your card. If you just ignore it, you will be imposed late payment and financial charges for the GST, which can have adverse effect on your credit report, borrowing loan, etc. I applied for HSBC. Promised cashback 5-8%. When I double confirm with the promoter whether the promised cashback apply for weekdays and will be permanent, she said yes and it will be "ongoing". I signed up. Went home check website - Only for weekends, until dec 2014. When I called the promoter, she said there is still cashback, but is 0.5% for weekdays What card did you apply btw? CC agents can say whatever they like just to hit their target.     About the time frame, she said the promo is until dec 2014 but it may continue on but not sure yet.I am lodging complaint. |
|
|
Jun 5 2014, 10:27 PM
Return to original view | Post
#3
|
|
Junior Member
229 posts Joined: Nov 2006
|
QUOTE(kelvinlzy @ Jun 4 2014, 09:09 PM) Hmm..Actually I also heard about some cases which are same as yours. Complain to HSBC and cc Bank Negara. Did you jot down the agent's name? Yup already scanned the business card and mailed complaint. Hope something will be done. If the card arrives then I have no choice but to use it, just don't want the promoter to get commission for cheating. |
|
Topic ClosedOptions
|
| Change to: |  0.0440sec
 0.98
 7 queries
 GZIP Disabled
Time is now: 5th December 2025 - 07:44 PM |
Quote