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Household Bank Mastercard is a credit card recognized in 79 countries and is a credit card that just about anyone can get. Household Bank Mastercard is a division of HSBC, along with several other credit cards and banks. That fact makes it a reputable name in credit cards, right? Not necessarily. In researching Household Bank Mastercard I am only able to find complaints about this company.
I’ll start with the good things about Household Bank Mastercard. Whether you have a six figure income and live in a Massachusetts Tudor, or you live in a shack because the bank took your house and you’ve defaulted on every bit of credit you’ve ever had, Household Bank Mastercard is likely to give you credit.
Household Bank Mastercard offers top of the line technology such as online account access from any pc or mobile phone and 24 hour automated account information by telephone. If you want to talk to a real person by phone, it’s very simple, just wait until the day before your payment is due and they’ll gladly give you a call, or three.
Yes, Household Bank Mastercard gives credit to people who shouldn’t necessarily have credit, which is nice of them, but they also have a pretty bad rap for their customer service techniques. Just try reaching a branch supervisor; you’ll understand where the bad rap comes from.
The complaints about Household Bank Mastercard are aplenty. The worst of the problems that people have had with Household Bank Mastercard is that once they give their bank or debit account information to make a single payment, Household Bank Mastercard takes what they want from their accounts, leaving accounts in the negative with large bank fees attached.
One gentleman claims that he called in to make his minimum payment of $35. He only owed $350 total on his Household Bank Mastercard. Much to his dismay, $1350 was taken from his account! And he’s been trying since to get his money back, only to have his accounts frozen in order for the bank to investigate his claim. Now, I’m no banker, but I would think that the banks would know about these Household Bank Mastercard schemes and be more apt to believe their long time customers.
My advice – if you want to build your credit back up, apply for a Household Bank Mastercard. Just write paper checks for all of your payments so you always have proof of what you intended to pay. I’ve never had a problem with my HSBC cards.