Mis-selling Credit Cards Is the New Normal

[cardio_guy]

This post has shown up in my feed at the very appropriate time. I am just talking to an RM for opening an hdfc bank account and I am going through all the 3 point highlighted above. 4th one alone (ULIP) has not happened yet.
RM had told to open account with 5L cheque and promised for Regalia Gold LTF. What a coincidence!

Another way they told is open an FD for minimum 4L and above. You till get regalia gold for 90% of FD value. Only thing is that it will be lien marked to your FD. So basically you cannot close the FD alone. It is tied to the card.

 

[newinnov]

@TechnoFino dada make a thread on confusing and deliberately deceptional language, used by banks now a days too..
e.g. - 'Check eligibility for pre-approved offer', pre-qualified, provisionally-Preapproved etc .<- HDFC