Joining fee charged without activation

[dungeonMaster]

Recently got indusind pinnacle, haven't activated the card yet. But bank has charged joining fee on the card.
Can the bank do this?

 

[sidp]

Finally major win 💪🏻

Congrats! If you want you can still file a case for misrepresentation. As long as you haven't activated the card, you're not a customer. No customer >no service >no due.
It's clear that they were trying to mislead you. Though it's not worth the hassle.

Both axis and icici generated my 1st bill around 50days after activation, and indusind can't even wait 15 days. Haha

 

[dungeonMaster]

Would have filed, if have been a lawyer etc. Don't have the time and power to deal with these folks.

 

[supermohit]

I recently applied for IDFC power plus credit card and they have charged me joining fee without activation of the card. I have not even set the pin but now big problem is bill got generated.
What should I do now ?
Should I pay the bill ?

 

[RAMESH BABU N]

My point is banks can do anything they want, and they do such shady things all the time.. the question is whether its right or wrong..

The problem is people apply for CCs withour reading the terms n conditions (printed or starred or online or offline) and press accept button/tick box them. They give all authorizations.

If not interested in the CC, why apply ? Why do the VKYC ? And, recieve the card ?

And, when the bank charges, why backout from the contract ? This contract is binding on both parties.

By backing out of it - for no fault on the part of the bank - how do you expect RBI to support you ?

Sounds too illogical, to say the least.

Sorry to say so, but you need to know this.

 

[supermohit]

I am expecting here solution or suggestion if anyone has. If not then do not give unnecessary phaltu gyan. In my case card is not delivered and they have charged me joining fee without activation of the card. I have not even set the pin but now big problem is bill got generated.
Bank terms and conditions are never above RBI.

 

[NShah]

I recently applied for IDFC power plus credit card and they have charged me joining fee without activation of the card. I have not even set the pin but now big problem is bill got generated.
What should I do now ?
Should I pay the bill ?

Joining fees will be reversed. If the card is not activated within 30 days, the card will be automatically closed as per RBI guidelines.

 

[Anindya98]

I am expecting here solution or suggestion if anyone has. If not then do not give unnecessary phaltu gyan. In my case card is not delivered and they have charged me joining fee without activation of the card. I have not even set the pin but now big problem is bill got generated.
Bank terms and conditions are never above RBI.

Call customer care to ask for fee reversal or closing the card or email idfc regarding this. One of my friends got a fee reversal after paying the fees as the bill was generated.

 

[lxmxl]

J

Recently got indusind pinnacle, haven't activated the card yet. But bank has charged joining fee on the card.
Can the bank do this?

just got to know about this card because of this post. With it's high fees, what is the benefit, I didn't understand. Is it the welcome vouchers?

 

[RAMESH BABU N]

J

just got to know about this card because of this post. With it's high fees, what is the benefit, I didn't understand. Is it the welcome vouchers?

Six things.
One - Relatively easy to get.
Two - Welcome vouchers
Three - LTF
Four - International Lounge benefit
Five - Zero balance Exclusive SB
Six - C2C is possible n suggested.