[Resolved]  SBI Credit Cards — ILL-MARKETING

Address:

Chennai, Tamil Nadu

I WAS OFFERED A CREDIT CARD FROM SBI WITH THE FOLLOWING CRITERIA:

01. IT IS A LIFETIME FREE CARD.
02. 4% CASH BACK ON EVERY PURCHASES (APPEARING IN NEXT MONTH STATEMENT).
03. 0% FUEL SURCHARGE ON ANY PETROL BUNKS FOR ANY RANGE OF AMOUNT.
04. RS. 250/- WOULD BE CHARGED AS JOINING FEE HOWEVER AN AMOUNT OF RS. 300/- CAN BE WITHDRAWN FROM ANY SBI ATM POST RECEIPT TO THE CARD WHICH WOULD NOT BE BILLED AND NO CHARGES WOULD BE LEVIED.
05. CREDIT LIMIT WOULD BE ABOVE RS. 1.25L OFFERING WITH A PLATINUM CARD.

I ACCEPTED THE OFFER AND WITHIN 15 DAYS I GOT MY CARD. WHEN I RECEIVED THE CARD THERE WAS NO BROUCHER OR A WELCOME LETTER STATING THE ABOVE POINTS. I GOT A SILVER CARD WITH 80000 LIMIT. THE BEST POINT WAS I WAS OFFERED THIS CARD AGAINST A CREDIT LIMIT AVAILABLE ON ANOTHER CREDIT CARD.

I'M SUPRISED THAT SUCH A BIG FRAUDS ARE HAPPENING IN THE FINANCE INDUSTRY AND NEITHER RBI NOR THE FINANCE MINISTRY HAS A HAND ON IT. SBI BEEN A GOVERNMENT UNDERTAKING IS FOLLOWING SUCH MAL-PRACTICES THEN WHAT CAN BE EXPECT FROM PRIVATE PLAYERS.?

CAN SOMEBODY (HEAD AUTHORITIES) LOOK INTO THIS AND SAVE OUR COUNTRY OTHERWISE ONE FINE DAY THE DEBT CRISIS ON CREDIT CARDS WOULD GIVE A BIG BANG ON OUR ECONOMIC.