Yesterday only a man from ICICI took my signatures for a credit card. I blindly signed everywhere. Now I am in trouble according to the above article and the views posted here tht ICICI is a goonda bank.
Had this article came yesterday I would have been saved.
RE:Alas !
by Prof. Tejinder Singh on Feb 05, 2007 04:20 PM Permalink
When the card comes, do not use it and call the bank's helpline to cancel the card.
RE:RE:Alas !
by Truth Teller on Feb 06, 2007 12:13 AM Permalink
What an irresponsible answer Prof. Tejinder Singh. How could you give an open view to a person, not to use a credit card for which he has signed, and that too of an well acclaimed bank. This is the biggest problem in our country. People just fall for the word "credit card", and if some marketing agent offers him one, he would sign without reading the terms and would go for it. But that doesnt mean that ICICI is bad or that he should cancel his card. Well Mr. Pankaj... I have a suggestion for you. If you remember that you had not given any of your bank account information in the application, then you can surely use the credit card. As mentioned by another rediff user, an average american has atleast 2-3 credit cards and using credit card is mandatory here to build credit history. But even here in US, we have to pay the money before due date. So likewise... go for the credit card. Use it. Then pay the due before due date. Dont make late payments. Then no goondas would be at your door.
RE:RE:Alas !
by N Venugopal on Feb 06, 2007 10:25 AM Permalink
Do not sign on the back of your credit card. If you sign then only it is equal to accepting terms and condition. cut the card in to four pieces to avaid some one using ur card return to the sender address with a written application for cancellation. Also take xerox copy of the all the document you are sending.
RE:Alas !
by Deepak Vasudevan on Feb 05, 2007 04:22 PM Permalink
Let the card come and then close it promptly. Don't close it beforehand since couriers would play foulplay. I had a bad experience with ExpressIT courier and many others in Chennai. See my weblog for details: http://viewsreviews.wordpress.com/2007/02/04/expressit-courier-and-credit-card-felony/
RE:RE:RE:Alas !
by Samir Rao on Feb 05, 2007 07:27 PM Permalink
Hi Pankak, Samir here... I work for an international bank called which is in US. First question from you is a) Can I cancel the card? Ans = You can cancel the card any time even if your application is not processed by taking a reference number. b)Is ICICI credit card really a threat? Ans = Its not that ICICI credit card is a threat but a credit card itself is a threat. You can keep the card for yourself without using it. You can use the card in an emergency situations. But make sure that if you lose the card, then cancel it ASAP.
