03-03-2011 09:35 AM
I keep getting pre-sel offers from HSBC, first for a platinum MC and then the Visa. Now, when I read the fine print and see the letters "HSBC" I get a foul taste in my mouth. I assume that they are horrible company. Am I making a false and callous assumption?
03-03-2011 09:38 AM
I would skip them now that you have Amex.... you are on your way to be outgrown for HSBC. Consider Citi Forward instead.
03-03-2011 11:12 AM
I've had the HSBC Platinum Plus Rewards Mastercard card for about a year now, $5,000 limit.....the rewards are pretty decent. I've never had a problem with HSBC. Got a 0% promotion for 12 months. I use the card every few months just to keep open. My husband hadn't used his for about 6 months and they closed his for non use. He later reapplied and was approved for $8,000. I can only assume, like other issuers, they want usage.
I also have an Orchard Bank that's about 7 years old. It never grows but it's my oldest card so I refuse to close it. It has a $2,500 limit on it, started at $300.
HSBC has cards for different credit standings. So far they've been great to me!
Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.