[Resolved]  ICICI Bank Credit Card — LEVYING OVER LIMIT FEE

SIR,

I am holding a free card No [protected] having the limit of Rs.1, 00, 000/- and there is an outstanding amount of Rs.89414/- .

Subsequently I have received a call regarding I am a previleged customer of the bank and offering me the Amex Gateway Premium card and taken on line confirmation, and taken Balance transfer request of Rs.90, 000/- and issued me a card bearing No [protected].

Subsequently after few days I have received a statement dated 28/02/2009. In this statement surprisingly my limit was given Rs.1, 00, 000/- and balance transfer entries was made apartfrom that the amount of outstanding in my previous card No [protected] transferred to this new card account and shown as the limit is Rs 100, 000/- and purchases and other charges as 188537.97 and not charged any overlimit fee.

Further in the next statement dated[protected] they have charged overlimit fee of Rs.4285.72 and Late payment charges, and interest charges. In fact it is clearly understand that my previous card outstanding amount of Rs. 89414.09 was transferred to new card but the limit of the card of Rs.100, 000/- was not transferred. due to this transaction my new card was overlimited.

Therefore, the ICICI BANK have automatically change my free card to High Annual fee card, and issued Balance transfer drafts and levying overlimit fees and interest charges heavily. I am mentally got tension for settling the matter. Hope you will do needful and settle my issue for levying overlimit fee and interest charges as i have not done any purchases from my side and it was only happened due to transfer of my old card outstanding amount to new card only.


thanking you,
K PHANIKUMAR