i had a hsbc credit card which expired in oct 2004. they charged me annual renewal fees of rs. 2000 in september itself. but i never got the new card.
the rs. 2500 renewal fees was never waived even though i did recieve a email from their customer care department "Quote"Dear Capt Dilip

We refer to your message of 5 September 2005

We regret to inform the card account has been closed due to the non delivery of the renewed card

Please call the Phone banking for the reinstatement of the card to issue new card.The statements from October 2004 has been sent to the your mailing address

We can reverse the annual fee of Rs 2000 levied in the October statement.Please call the Phone banking for the needful at the earliest

For further assistance, please do not hesitate to send us a message or call our 24 hours phonebanking services

A complete list of our phonebanking numbers is available at

Warm regards

Thara Mohan
Customer Service Officer
HSBC India.

"unquote"

i have since not paid that renewal fees and nor have i been using hsbc card. ( i dont have one by the way) this rs. 2000 has now grown to rs. 70000 and recently as a few days back i get a call from hsbc saying my credit card dues have not been paid. GOD SAVE ME. over the years i have explained this situation to about 50 of their collection agents and even then they are not closing my account