HSBC AccountSecurePlus fees violate new law

EL in Washington said: “HSBC has been my credit card provider since 2007. They have charged me overlimit fees which were triggered by a fee for a service on my credit card called AccountSecurePlus. HSBC sold me this service to supposedly protect me if I lost my job. They would subtract the fee amount from my account at different times of the month. If I was close to my credit limit (which was very low) they would pull the fee out at the closing date of the statement, which would put me at an overlimit fee.

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HSBC lies to sell debt cancellation insurance

AE in Michigan said: “I wondered why my debt was not being paid off and didn’t understand what Debt Cancellation was. I asked Customer Service at Best Buy and they couldn’t help me. I sent an email to Best Buy and received no answer. I finally called an 800 number and was told it was insurance for in case of death. I informed them that if I was asked if I wanted such coverage I would have told them “No.”

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HSBC Debt Cancellation stops after 2 months

Rick in California said: “When I went to Best Buy to make some purchases I was invited to apply for a Best Buy Credit Card. Not thinking I would get approved I said sure, we can try. To my surprise, not only did I get a Best Buy Credit Card but I also received a Best Buy Rewards Master Card and had them put the Debt Cancellation on both cards.

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