• Report: #428641

Complaint Review: HSBC Direct Merchants Bank

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  • Submitted: Thu, February 26, 2009
  • Updated: Thu, February 26, 2009

  • Reported By:Tahlequah Oklahoma
HSBC Direct Merchants Bank
https://www.accountcentralonline.com/cmuser/login/show.do Las Vegas, Nevada U.S.A.

HSBC Direct Merchants Bank Cut Credit Limit Without Notice Las Vegas Nevada

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I just discovered my credit limit of $7800 was cut to $2880 for no reason after my payment was processed. On February 18th I checked my account and I had my normal limit. Last night I checked to make sure my payment processed and discovered the change.

This is the card I use when I travel and with a trip in less than 3 weeks I am now scrambling to figure out what to do. My Balance on the card after my payment is less than $500 and this is due to my purchasing my ticket for my upcoming trip.

This is just unreal how these people just make changes on a whim and we have no recourse. As soon as I can I intend to cancel my card of 9 years and move on with complaints to congress and the regulating agency.

Rick
Tahlequah, Oklahoma
U.S.A.

This report was posted on Ripoff Report on 02/26/2009 08:21 AM and is a permanent record located here: http://www.ripoffreport.com/r/HSBC-Direct-Merchants-Bank/Las-Vegas-Nevada/HSBC-Direct-Merchants-Bank-Cut-Credit-Limit-Without-Notice-Las-Vegas-Nevada-428641. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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