HSBC Sucks
IMGP4699 , swiped from § Tilly Mint § on Flickr. In case you don't know, our beloved central bank recently introduced rules to further tighten credit card spending. According to the new guidelines, people with an income of 36k per annum or lower can only own two credit cards and the credit limit should not be higher than twice the monthly income. Late last year, Citibank had already sent me an official letter highlighting the issue and asked me to submit my latest EA form. HSBC on the other hand decided to ask their Tele-sales team to give me a frantic phone call the other day. In broken English, the fellow asked me point blank what my salary was ( like I was going to entertain an unverified phone call ). I was like, "Don't I need to supply supporting documents?!", to which he said I needed to submit three months of my payslip and my EPF statement for 2011. Wow. One would think that I was applying for a 500k housing loan. I asked how why I needed to submit so many do