[Resolved]  Credit Card + Standard Chartered Bank — Misbehaviour

I had a similar experience. I used to hold a Standard Chartered Card Visa Gold Card to which they added on a Standard Chartered Gold Master and a Diva Card in my wife's name. They proceeded to charge me for the same and when I objected they reversed the charges for a couple of years and then again started the charges and failed to reverse on demand. I had made a cheque payment which upon their refusal to reverse I got bounced. I later made a cash payment in lieu of the bounced cheque just so as to avoid being a defaulter. I also had a car loan with them. They sent some goons to my house to threaten my wife and one guy went to the extent of threatening to kidnap my children. This threat was repeated on phone to my office assistant. I then got upset and paid up the Car loan which had the car as security. I told them to do what they want but I would not succumb to their threats stating that I was liable to only what was legitimately due to them. I also sought an apology in writing for whatever trespass they or their goons had committed. The car loan was duly paid off and I got the hypothecation cancelled. they infact refunded whatever excess I had paid for the car loan. However on the Card score they kept threatening me despite my writing to their legal cell to prepare a fact sheet and show me what was legitimately due to them which if any I had promised to pay them. I later changed jobs, moved home etc. but they continued to use their goons to telephonically threaten but never submitted a written fact sheet. To try and find my present address they used to call up under various disguises like courier company calling about an LIC policy which they wanted to deliver, LIC draft they wanted to deliver etc. The latest was a call from a person claiming to be an Inspector of Police from Delhi saying that an unbailable warrant was issued against my in Delhi by a lawyer going by the name of Sheetal Jain operating from Chennai. This Goonda Bank needs to be legally taught a lesson

I cant believe this!!! its really rediculous yaar...If it is true you people have saved me, I just got a call regarding a credit card & personal loan from this bank...am not gonna take thosse from this bank. I heard many about ICICI bank but this is my first time experience about standard chatered bank...Any how sorry for what ever happen with u & ur families. Y cant u guys post these in a reputed site like facebook, orkut & all...It will be like a awareness programme for the citizens of India...Try it out & if already done then let me know the link.

Thanks

Hi,
there i m fully agree with u r problem as i m havinga housing loan from the last 3 years with SC .I M facing the same situation with this bank . might be u ppl don belive tht i m trying to close my housing loan with the bank but the SC ppl not delievirng the right documents so i can shut down tht hefty chrages ..tryied to cal at LEAST 15 days to fix my prob but all are careless repersentative..on the bank side .they don care abt US all they care for to get the extra charges and ...offering u more loan if you are capable to pay back ... never had tht experince b4 with any another bank globaly like SC ... hard time bank...
all i can suggest to fellow customer don put ur hard earn money with this bank ...

AS I M GOING TO THE COURT AGAINST THEM . WE ALL SHOULD DO THT ..
regard's

AMIT KUMAR

Credit Card + Standard Chartered Bank — Avoid to take credit card and beware of credit Card companies

to every person I strongly suggesting to avoid taking credit card. In 2002 when I took card I was paying yearly fees but now almost all companies offers you free credit card, stay away from such offer. Because in My view they are nothing but white collar criminals/Corporate mafias. Our regulations and legal systems are very worst so they are taking full advantage and cheating/looting peoples. Also they are spoiling your credit rating by providing false reports to CIBIL, so in future when you go for any loan due to such bogus reports you gets negative rating

Since 2002 I was holding Standard Chartered banks GOLD credit card.
In 2007 their marketing executives were calling me regularly and were suggesting going for Titanium card launched by company. I asked him to explain every detail and also agreed to record entire conversation in their recording system. He made me lot lot promises about benefits and services I am going to get.

So by paying 3000Rs I accepted new card. They cancelled my old Gold card (which was for life time by paying one time fee). On very 1st day I tried to use card at two places and both refused to accept saying we do not have tie up with company! So without wasting time I approached customer care & they started passing the ball game. Then said we do not made any such claim. I told them to play recorded conversation. They didn’t.

Than I asked refund 3000 I paid and told to restore my old card. They said your old card is cancelled so unable to issue again! My payment was due so I told If you will not give me refund and If you will not restore my GOLD card I will not make payment & will recover my loss. Since 2002 till 2007 I was making my payment on last day of due date and they never warned me. But as this dispute arises in next statement they charged me penalty showing late payment! When called up customer care I told I have made payment on due date than why late fee? and also I was doing payment on due date since 2002. They told sorry you have to pay penalty. This was all due to my Fight for justice- they started problems targeting me. I stopped payment they every month stared adding penalty and interest. Than in March 2008. I got call for settlement. They were claiming Rs 7821 (in which almost all claim was bogus) but to end matter I accepted settlement offered by them and made payment of Rs 4450. I thought al last matter over.

BUT BUT all this companies play games they do settlement with us but they reports overdue/default/or written of payment to CIBIL. CIBIL the credit Information bureau India Limited is keeping records and when we go for any kind of loan like home loan, business loan, personal loan etc they issues our credit rating and based on that lender gives us loan. so any negative report ( even if it wrong) we may deny loan even after many years!
so 1st avoid to take credit card or if you have any dispute with credit card company settle it with them ( even if you are right and company is wrong)settle with them and take letter mentioning is it is full and final settlement. also ask them to send such letter to CIBIL and keep one copy with you.
is there any way/forum which can help to take legal action against such fraud companies? please guide

closing of credit card.

I want to close my credit card account. How much I have to pay? Please adjust my rewards point against money. Please do needfull early.