SS in Hawaii said: “I have been active duty Navy since 1992. I currently have A GM Card. in March of 2009 I received a letter from HSBC stating that my APR will remain 6% as long as I am on “active duty”. I retitre in 2012. With no avail my APR jumped to 16% and now it is 21.99% I called HSBC and they said that I am not on active duty and that active duty is only deployed.”
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Category: Rate Increases
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GD in Montana said: “I believe that HSBC is about the most corrupt and evil banking system on the planet. Over the last four years I have spent countless hours on the phone pushing endless buttons to finally reach a person.
Category: Rate Increases
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MM in California said: “Rate increases happening again. My HSBC Plus Credit Card is going from 16.99 to 19.99 as of 11/27/09. Better balance transfer your balances.”
Category: Rate Increases
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SD in North Dakota said: “HSBC credit card services and HSBC Bank out of Nevada are scams and rip-offs! They are raising the rates to 24.99 and 29.99%! I started making credit card payments online for the first time and did not realize that it takes 2-3 days to post payment to account.
Category: Payment Issues, Rate Increases
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TC in Florida said: “My interest rate rate went sky high to almost 32 percent. I called HSBC 4 times to lower my interest rate and they will not. I need to know what to do since I can no longer continue giving them $600.00 per month. I think that in todays ecomomy 32% is way out of line. The only thing that they tell me is to continue to make the payments on time and then HSBC might lower my interest rate.”
Category: Rate Increases
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