HSBC Credit Card Shrinking limits
Find a Conversation
HSBC Credit Card Shrinking limits
| Thu, 03-12-2009 - 12:29pm |
Well, it happened to me, too.
I thought I was safe from limit increases since I have 2 CC, both thru HSBC, where my savings account is, both had limits under $2K anyway.
Well, 1 is a reward card that (until January) I was using for food/fuel and paying off monthly for the rewards.

Pages
I just don't get it. I understand the need to reduce limits, but going after people who have always paid on time doesn't seem to be the smart thing to do. Ah well, your almost debt free (happy dance) so those companies can go you-know-what themselves!!!!
Great progress! You should be proud!
Bex -
"Yesterday is history, tomorrow is a mystery, today is a gift -thats why its called the present."
Bex -
I have to agree, and my only other question is, do they really think that there is a point of people having a cc with a $300 limit?
A card with a $300 limit is not worth the trouble.
Teresa
http://www.affordingpickles.blogspot.com
OMG!
Teresa
http://www.affordingpickles.blogspot.com
EXACTLY.
I can not think of ANY circumstance I would have used this card for less then $300.
The last time I used it was October when my 2 best friends and I treated ourselves for an entire DAY at the spa.
Teresa
http://www.affordingpickles.blogspot.com
Thats a good idea... I will look into opening a savings account with my local bank to tie to my checking.
Teresa
http://www.affordingpickles.blogspot.com
Oh have times changed.
Yahoo to you!
Will you please post the story of your struggle in a new thread
Pages