I took a Standard Charted Credit Card long back which was upgraded to Platinum Card considering my usage and payment behavior.
In August 2008 I decided to close my Credit Card A/c. and made payment of complete o/s amount by cheque. However, I was billed in subsequent month, and was informed that it is due to trailing balances. I made attempts on next two occasions again by cheque, however every time by flashing a reason that it was delayed payment I was billed again and again.
Finally, I decided to make a cash deposit in December 2008, and surprisingly I was again billed, and this time as a penalty for depositing cash in their branch.
Bank kept on adding penalties and interest on initial penalty part, which was always unjustified. After few months I started receiving call from recovery agents, infact they visited my office also. However, after checking out facts they never met me again. There calling has started again for an increased amount now.
I have decided to take up matter with Bank head-on and approaching regulator and judiciary now.
In the meantime will request people to stay away from such a horrible Credit Card company.
Good Luck Guys!