I used the HSBC Gold Card from 2000 to 2010. For 10 years the relationship was going fine till I paid my dues on time. It so happened that I was moving to a different city and the decision was so sudden that I didn’t get sufficient time to pack my stuff. Moving from one city to to another after 10 years means a lot of work. In all the hurry I missed to make the monthly payment.
Unfortunately since I had moved out of the city my cell no all seized to exist. So HSBC started calling at my parents residence who are senior citizens. My parents did tell them that the bank dues will be paid shortly, however they kept calling rather threatening my parents over the call every day. My parents were so harrassed that they told them that we would take you to court for harrassing senior citizens still they did not stop calling them.
Finally, once I settled I made the full payment along with their hefty penalties and closed my 10 year long relationship with this bank. The worries did not end here, I wrote to them that I wish to close my relationship with them but still they keep sending me monthly statements. That’s ridiculous.
At the end of i, t all the banks are same.
Until you do not default everything is green but if you default even once in 10 years the relationship turns into threatening calls. There are countries who have gone bankrupt and the banks have gone bankrupt but you an average citizen who pays the dues regularly is harrassed for petty amounts.
This is the irony of these banks.