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HSBC is cutting back in the U.S. after its 2003 purchase of Household International Inc. required it to set aside more than $65 billion for bad loans

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Posts Tagged ‘ Best Buy ’

28 November
Posted in Merchant Issues
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Best Buy card credit limit reduced without notice

CN in Nevada said: “I signed up for the Best Buy Rewards Program and was issued a card backed by HSBC. My family purchased laptops from the store using the card which had a $1400 limit. We made all the payments early. After our calculations we had paid off all [...]

2 June
Posted in Insurance Issues
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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 [...]

21 May
Posted in Insurance Issues
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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 [...]

24 April
Posted in Merchant Issues
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Best Buy misinforms while HSBC charges interest

AS in Michigan said: “I recently purchased a TV for $2000 from Best Buy, and applied for the HSBC Best Buy Mastercard to pay for the TV. I applied for the card because I was told I would get 36 months deferred interest. I ended up getting approved for the [...]

24 April
Posted in Merchant Issues
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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 [...]