Archive for the 'HDFC Credit Card' Category

How HDFC Credit Card’s Rip Off With Late Fees & Over Limit Fees Lead You into Debt Trap ?

I’ve been running this Credit Card and Loan Advisory for over 8 years and during this time I have not come across a case as terrible as this one where HDFC Bank’s Credit Card’s division has optimized its accounting algorithm to levy Late fees, Over Limit Fees and push the consumer into severe debt trap. […]

Serious Security Breach at HDFC Credit Cards & IT Systems – Advisory

In the month of May 2014, there was an Unauthorized Transaction on my HDFC Bank Credit Card that happened in New York, USA while the card and myself are present in India. It was not an online transaction as my card is secured by Verified by Visa / MasterCard Secure Code. I raised a complaint […]

How to Enable / Disable International Spend Credit Limits on HDFC Cards

Indian Credit Card users witnessed massive Skimming Fraud with their Card being present in their own wallet purchases were made in Spain, South America etc. We wrote to the RBI to curb this menace. The Consumer Friendly and Pr-Active institution – Reserve Bank of India mandated that each and every Credit Card issuer give a […]

How A new Credit Card Fraud Using Telephone / IVR is Operating in India ?

It has come to our light that a New Kind of Credit Card Fraud Racket is operating in India using the Telephone and IVR [Interactive Voice Response] mechanism. How is this Credit Card Fraud Ring Operating ? A Reader shared his story with us. A person called from Delhi from the Number +911204835500 named as […]

A Case of Appropriation of Money against HDFC Master Credit Card

A reader submits that all is not well when it comes to the business practices of HDFC Bank credit Card. Here is a Consumer Woe on the same. I had tried to renew Reliance General Insurance Mediclaim Policy (New Policy Number 9202522825002493) online on 6th December 2012 whose renewal was due on 7th December 2012. […]

HDFC Credit Cards Roll-Out “One Time Password” for Online Transactions

India’s Largest Credit Card issuer, HDFC Credit Cards today informed us that they have rolled out One Time Password [OTP] authentication for Online Transactions. Consumers now have a choice to use either MasterCard SecureCode / Verified by Visa OR One Time Password which will be sent to the customers registered e-mail id as well as […]