hdfc-credit-card-il-legal-charges

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

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HDFC Card Debt TrapI’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.

A reader sent me an e-mail stating that he had spent a mere Rs 14,277 using HDFC Credit Card, and has already paid a whopping sum of Rs 1,04,612 [One Lakh Four Thousand Six Hundred Twelve] and the bank at its whims and fancy keeps raising bills which he is no position to pay and hence had prayed for help. I couldn’t believe if this was True and hence demanded statements. The user sent

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

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Issues With HDFC CardsIn 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 with the HDFC Banks Card Division filling out their Dispute form and the bank duly refunded the disputed charge but not without several correspondences including to the one with ombudsman.

I duly blocked the card and asked for new plastic. To my surprise, I found that another transaction has happened at the same merchant within 3 days of receiving the new card. This is just impossible as I have not used the card online so chances of breach happening from my

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A Case of Appropriation of Money against HDFC Master Credit Card

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HDFC Credit Card Mis Appropriation of FundsA 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. The amount was debited to HDFC Bank Master Credit Card ending with 6281 but the transaction with the merchant failed and no policy was issued. I immediately disputed the same with HDFC Bank and to reverse the amount. Meanwhile Reliance General Insurance using the information from the Bank

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