Hello All, Friends, I have an HDFC Savings account. Today an official from the Bank called me and offerd me that for a limted period i.e. till 29th September , I have an opportunity to get a credit card Free of cost and that it will not have any Yearly Charges. I am using a SBI card already , will it be wise to for this ( as of yet ) Free Card ? I really want to stay away from the CREDIT CARD woes that many face almost unnecessarily and due to banks "Terms and Cond" that pops out later when u get into trouble. Your experiences in such a matter will be of great help to me. Thank You.
I advice u to stick with the SBI CC, do not get into the mess of private banks unnecessarily. may be that is free for the limited time, then they bang you. That is not an opportunity, later on you need to weep......
Well, Thanks for the advice . Have you used an HDFC Card ? What are their charges , see i can get info from the websites , but i am looking for a few users to give their practical experiances. I heard that HDFC cards are better than ICICI , and i need one for addition to paypal acount thats why i am in a 50-50 situation. I would be really thankful ,if some onw who got a similar call from HDFC may share his views. Thanks Again.
Now the Agent came to my house. I refused to sign and asked him to give me a Copy of Terms and comditions also he showed me the form which did mentioned Free For Life Card. Many people have said here that they have been charged ( with the annual fee ) later when some transactions were made. Any One using such a "Free" card ?
http://www.hdfcbank.com/common/pdf/Common_MITC_31_Dec_08.pdf http://icicibank.com/pfsuser/cards/creditcard/eligibility_fee.htm COMPARE
Do you find an Asterisk * at that Free Life time* and T&C apply at the bottom in the font that is almost invisible? For many other cards, i find it and stay away from them.