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Established Contributor
PurpleHaze
Posts: 717
Registered: ‎03-05-2008
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Re: Disgusted with HSBC

I think we also need to differentiate if we are talking about the Orchard card or the HSBC card.  I have had my Orchard card for over 3 years. Started with $300 and received no auto cli's ever.  The only CLI's I have received (two for $100 each) I had to pay for. There are some who have had luck with Orchard, however more have not. So far I am having luck with my true HSBC card.

Starting Score: EQ: 633 (12/31/09) TU: 651 (12/31/09)
Current Score: EQ:633 TU: 651
Goal Score: EQ: 700 TU:700


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ncscgirl2005
Posts: 53
Registered: ‎05-01-2008
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Re: Disgusted with HSBC



What are your scores and other accts?


Message Edited by casinoannie97 on 06-16-2008 04:47 PM


My last score on 6/13/08 was 673. The last baddie I had was in 2002. I had two recent hard pulls and two that were done in July 07.
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New Contributor
ncscgirl2005
Posts: 53
Registered: ‎05-01-2008
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Re: Disgusted with HSBC



landocalrissian wrote:
I am curious as to which type of card that you have with HSBC.  I just received a 1000 dollar CLI from them recently.  Now mind you, I have a Cash or Fly MC that I received just last summer with an initial limit of 750 dollars and the limit is at 2350 dollars right now (with a little over 50% utilization).  They give CLI's roughly ever 6 months.  But you have to put the card to work.


Message Edited by landocalrissian on 06-16-2008 05:41 PM

According to my monthly statement I have a Household Bank Platinum MC. I've never been late with them but I guess I haven't really used their card in a while in an effort to pay it off. Maybe I'll take the kids out to lunch today.
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New Contributor
ncscgirl2005
Posts: 53
Registered: ‎05-01-2008
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Re: Disgusted with HSBC



turbowrx wrote:
Did you call a backdoor number? I've asked for a CLI and i'm told they are only auto.



Should I try the regular customer service # or the executive customer service #?
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New Contributor
ncscgirl2005
Posts: 53
Registered: ‎05-01-2008
0

Re: Disgusted with HSBC

Bump
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Regular Contributor
ohboy
Posts: 174
Registered: ‎03-26-2007
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Re: Disgusted with HSBC

Hello NSC
 
HH Card they rarely give me CLI,
 
But on my Best Buy MC I get an increase every 6 month
 
I call them always ask for the CLI, and i ask before they pull if it is a hard or soft hit
 
Its always soft, and i gets it
 
Never ask for a CLI on the Internet it is a HARD HIT
 
GL
 
New Contributor
ncscgirl2005
Posts: 53
Registered: ‎05-01-2008
0

Re: Disgusted with HSBC

Just took my daughters out to dinner and used the ole CC for a whopping $24.07 . Plan on paying if off as soon as it posts to my account.
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Regular Contributor
grneydangl
Posts: 116
Registered: ‎03-19-2008
0

Re: Disgusted with HSBC

I'm disgusted as well... let me make sure I understand this, this is on my new statement for this month:
 
Previous Balance:  $216.17
Payments & other credits: $216.17
Finance charge: $16.00
 
If my previous balance was $216.17 and I paid $216.17, that is PIF right?  And there shouldn't be a finance charge right?

Starting Score: EQ: 630
Current Score: EQ: 630
Goal Score: EQ: 720


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Valued Contributor
casinoannie97
Posts: 1,986
Registered: ‎08-17-2007
0

Re: Disgusted with HSBC

As i posted b4 do not expect them to make any sense!!!!
Moderator Emeritus
cheddar
Posts: 6,794
Registered: ‎09-29-2007
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Re: Disgusted with HSBC



grneydangl wrote:
I'm disgusted as well... let me make sure I understand this, this is on my new statement for this month:
 
Previous Balance:  $216.17
Payments & other credits: $216.17
Finance charge: $16.00
 
If my previous balance was $216.17 and I paid $216.17, that is PIF right?  And there shouldn't be a finance charge right?


Not necessarily.  There are three ways you could PIF and still have finance charges.
 
1) You did not PIF the month before, which meant that you had no grace period for that billing period, and the finance charges you are seeing are residual finance charges as a result of making purchases with no grace period.
 
OR
 
2) You did PIF in time for your payments to post to your statement, but you did not PIF by the payment due date.  You will be assessed finance charges in this scenario.
 
OR
 
3) Due to the round number ($16), I'm inclined to think that this isn't a finance charge from interest, but is a fee of some sort.  (Fees ARE a form of finance charges, as specified in the T&C.)
 
----------------------------
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TU 744 / EX 710 / EQ 694 (Starting to slip. :smileysurprised: )

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