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UTI Credit Card / credit card cancellation

1 India Review updated:

Hi Everyone

My name is Abheesh, I am an employee in a reputed firm in Technopark.

Bank agent came to me and told that Credit Card is free for our company. So I opted for a card.

I got the card and started using it. Actually Silver Card is free, the card I got was Silver Plus.

So I got additional bill for Rs. 900/-. I cut the card into four peaces as directed and surrendered it.

It was on Aug 6th. Since then I have been getting bills, each time increasing due to interest and all. Since now it has grown to Rs. 2000/-. If money can grow this much in UTI, we can consider investing in them :)

So, fellow citizens, always be cautious about Credit Cards.

Regards

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