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HSBC leaving US.

Cory88
Frequent Contributor

Re: HSBC Exit US


@Goos wrote:

At least you get letters , I have gotten zero letters . Luckily I don't owe them any money currently. So I'll just wait . 


I'm right their with you. I want to use the account but since I have gotten conflicting letters and different things from reps I'm like should I use it or not.

Message 71 of 122
Goos
Regular Contributor

Re: HSBC Exit US

Anyone else still not heard anything from HSBC or citizens ? I seriously can't believe they are keeping me . But I haven't heard one way or another . And the chat reps say different things depending on what day it is .

Message 72 of 122
justjac2
Regular Contributor

Re: HSBC Exit US

Not a word from anyone. I have the HSBC Cash Rewards.


FICO 8 scores Nov/Jan 2021: EQ 779/751, TU 750/770, EX 763/746 Fully recovered from 5-year Ch13 discharged July 2018.
Newest Accounts: FNBO Evergreen and PSECU Founder's Card Dec 2021 | Next steps: Garden until Jan 2023, then go for Elan Max Cash
Message 73 of 122
Goos
Regular Contributor

Re: HSBC Exit US


@justjac2 wrote:

Not a word from anyone. I have the HSBC Cash Rewards.


I actually have that one and the gold . Both with small limits for what they say they are Targeting . Ones 2k ones 2.5k . But I have no other relationship with them . I was just curious as 12-6 came and went . Just thought it was odd.  

Message 74 of 122
M_Smart007
Legendary Contributor

Re: HSBC Exit US

Still looks like February 18th 2022

 

(click image to enlarge)(click image to enlarge)

 

https://ficoforums.myfico.com/t5/Credit-in-the-News/HSBC-leaving-US/m-p/6450438#M25886

 

 

Message 75 of 122
Goos
Regular Contributor

Re: HSBC Exit US

Yeah , but if you read the website timelines , info is supposed to go out early December and early January.  I got nothing in December so we shall see now that it's early January .

Screenshot_20220103-150039.png

 

Message 76 of 122
Goos
Regular Contributor

Re: HSBC Exit US


@justjac2 wrote:

Not a word from anyone. I have the HSBC Cash Rewards.


Not sure how their chat reps are with reliable info but I inquired today and this was the response I got .....Screenshot_20220108-093630~2.png

 

I was hoping to try a new bank out but it is what it is . 

Message 77 of 122
justjac2
Regular Contributor

Re: HSBC Exit US

@Goos Thanks for the info. I was expecting the account to be closed, and that would be OK too.


FICO 8 scores Nov/Jan 2021: EQ 779/751, TU 750/770, EX 763/746 Fully recovered from 5-year Ch13 discharged July 2018.
Newest Accounts: FNBO Evergreen and PSECU Founder's Card Dec 2021 | Next steps: Garden until Jan 2023, then go for Elan Max Cash
Message 78 of 122
Goos
Regular Contributor

Re: HSBC Exit US

Yeah they may just sit until they get tired of them and close them . 

Message 79 of 122
M_Smart007
Legendary Contributor

Re: HSBC Exit US

The transition from HSBC seems to be as clear as mud,!!

and I honestly don't think this is a well planned smooth transition. JMHO ...

Just wait and see what happens. Not going to react until that time comes.

Message 80 of 122
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