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1.3

Summary

SBI Visa Credit Card
sanjeev suri@ss528sv
Oct 25, 2007 12:23 PM, 2709 Views
Is this a SUB-PRIME DISASTER Waiting To Happen ?

This morning, I received an SMS from my Credit Card provider(CITIBANK)


that a payment has been received for my CITIBANK credit card on 24/10/2007.


My billing cycle being different and certain that I have no pending dues on my


CITIBANK card , I enquired and found that SBI Cards have sent Citibank Cards


a "Balance Transfer" cheque for my card.


This, when I already have communicated to AVP(Customer Service)-SBI Cards


that I have no intention of continuing to patronise SBI Cards due to indifferent &


faulty services.


Certain that the BT Cheque from SBI was NEVER RECEIVED by me, it is clear


that there is a major flaw somewhere in SBI Cards’ system.


What happens if I now refuse to pay back the amount that is already credited to


my CITIBANK card account?


Am I the only recepient of SBI Cards’ misplaced largesse(kindness or whatever!)?


How much is the TOTAL AMOUNT that SBI Cards is thus placing at RISK?


Could it be another SUB-PRIME RISK waiting to happen?


This time in our very own India?


Sanjeev Suri


The author of this review can be contacted at:


query@sanjeevsuri.ws


https://butitistrue.blogspot.com

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