Most of the banks appear to be using this
ploy to generate EXTRA INCOME from their
credit card biz.
The latest to join the bandwagon was HSBC
whose Dec'07 bill did not arrive.
Again, there was NO BILL for Jan'08 and a
phone call is all they proffer as a means
of reminding the card holders about their
liability.
I am seriously thinking about shifting my
loyalty BUT ...........where ?
They are all doing this !
Is the BANKING OMBUDSMAN conscious of this
malpractice? Or, is it merely "convenient"
to turn a blind eye ?
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