Paul
Beaverton,#2UPDATE EX-employee responds
Sat, April 19, 2008
Did you read the cardmember agreement that comes with any credit card? Every credit card says they can raise your APR or cancel your card at anytime for any or no reason. Unfortunately HSBC is a very greedy bank and they are raising interest rates for good and bad accounts it's all about the profit, that is why I don't work there anymore, but while I did work there I found that probably only 1 out of 10 people read there cardmember agreement so they don't know the rules of the game, and get upset when something that is legal for the company to do happens. When you accept a credit card from any bank it is a legal contract read their disclosure and then accept or cancel the card.