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England or Panama - HSBC Credit Card Statement Late

An international HSBC customer says:  “I have been a customer of HSBC in England and Panama. In England they were no worse than any other bank just OK in my book but no great shakes. In Panama they are a disaster. They took two months to open my account by which time I had transferred my money to another bank. They “approved” my mortgage two years ago, I am still waiting. I paid $850 worth of electricity bills on the internet which vanished into cyberspace and over a year later I am still waiting to get my money back. They never send my credit card bill on time and charge $25 if I pay late.”

Editor’s Note:  Not sending credit card bills on time is evidence of HSBC’s exportation of what they call their “Household Model” - named after predatory lender Household International, acquired by HSBC in 2002-2003.  Complaints of late HSBC credit card bills are common in the United States.  Here is the full text of the article referenced above.
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2 Responses to “England or Panama - HSBC Credit Card Statement Late”

  1. Every month i recieve very late statement of bill so i face much difficulty to pay the bill amount within the stipulated date if such service continues i shall think for alternative action

  2. i am a hsbc credit card customer every month i recieve the bill statement very late and i face much difficulty to make payment with in stipulated date if this continues i shall opt for alternative

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Household HSBC Watch is a watchdog and consumer advocacy organization We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.Household HSBC Watch is not associated or affiliated with HSBC in any way
We use your individual HSBC complaints and merchant complaint reports to perform trend analysis.
We are not associated with HSBC, Household International, or their merchants.
Some items are used by permission granted in the Fair Use guidelines of the 1976 U.S. Copyright Act.



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