Plastic money

How often have you seen someone going through their wallet searching for a credit card and they themselves are shocked by the number of cards they have in their wallet. Credit cards can be
used as a form of identification when applying for a major purchase, or can be used for convenient purchases that you won’t have to pay for until a month after you buy them.

But the companies behind such a good thing seem to be worthless. I have canceled my ABN AMRO credit card 1 year back. I have cut the card to 4 pieces and along with the cancellation request letter and sent to their designated address. Now, 2 days back I got a call from them telling that I have a due of about Rs. 5000+. When I told I have canceled it, he told “it is not updated in the database, hence you have to pay this amount” ! (For their mistake, I have to pay !! )

Similar type of cases r very very common.
As our dependencies on the Plastic money has increased, so are the new problems and complexities arising out of it.

Wrong billing is the most common and prevailing complain amongst all credit card users.
Then comes the hidden charges and other complains.