So you want to take a credit card since all those sales guys run after you with freebies or those nice , sweet voices on the phone tells you’’Its completely free , Sir’’.
Dont be fooled.
Credit card is like a grenade in your pocket.
You should know how to use it, otherwise you know who will suffer.
OK, Now why did choose HSBC, cause I got greedy.They offered a free parker Pen and a free card.So I fell for it.Not a good decision.why?...read on
Firstly there is no service absolutely, the card comes to you in an unmarked envelope and a letter congratulating you, thats it. You do not get any info about the billing period(cycle) and prsent offers on the card.
Later they send you a small booklet having details of all their cards, so you have to choose your card type and read accordingly. See No pain no gain.
Now its time for the ATM PIN and Phone Banking Pin etc.
Now I have waited long Enough to know my perios of billing, for that to know I have to wait till the first bill comes.Being a first time card holder it takes lot of thinking to know what will be my next billing cycle.
Hey, they also offer me a Rs.200 credit as joining bonus, And take it away in the next bill ofcourse.
see what I mean by no service