Credit cards issue

aslammds1960
By aslammds1960

Can some one advise me the credits are insured, if you loose your job then the debited amount on the credit will be paid by insurance. Which bank credit card has such an insurance.

By Galinda• 1 Apr 2014 17:39
Galinda

Ever heard of bank loans you don't have to repay either?

By BOXBE16DOBARA• 1 Apr 2014 15:54
BOXBE16DOBARA

i dont know much..but never heard of an insured credit card...or probably the customer service rep never cared to inform us

By aslammds1960• 1 Apr 2014 15:23
aslammds1960

molten metal your comment is bullshit regarding Credit Card

By Jones10• 31 Mar 2014 12:57
Jones10

@Mr.MM hahha nope i needed to clear the parking lot i sold old one and upgraded....

By Molten Metal• 31 Mar 2014 11:08
Molten Metal

Jones , Do you have two cars in front of your door now a days ?

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Mon, 31.01.2014 , 11.08 hrs ..................................................................................................

By Molten Metal• 31 Mar 2014 11:06
Rating: 4/5
Molten Metal

Galinda , So nice . Up to date & perfect info for Jones ..... Joys to all ....

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Mon, 31.01.2014 , 11.06 hrs ..................................................................................................

By Galinda• 31 Mar 2014 10:58
Rating: 5/5
Galinda

You will need to speak to your particular bank, and ask how much the monthly premium is, and what it covers - termination, resignation, redundancy, death etc.

No, the amount paid each month as you fee is the fee, it isn't refundable. That would be like asking if your car insurance company will repay your premium if you crash your car!

By Jones10• 31 Mar 2014 10:43
Rating: 2/5
Jones10

@Galinda & MM,what if you complete to pay loan or even you reach the maximum spending for your credit card ,will the bank give back the amount deducted monthly as an insurance fee? since they'll still charge percentage separately.?

By Molten Metal• 31 Mar 2014 10:27
Rating: 5/5
Molten Metal

Even your loans are insured .... If you loose your job .... banks would write-off their money and you would head to the air-port freely ............

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Mon, 31.01.2014 , 10.30 hrs ..................................................................................................

By Galinda• 31 Mar 2014 09:56
Rating: 5/5
Galinda

You can sign up for this insurance through your bank. Your bank will charge you a few extra % in interest each month as the premium. Speak to your bank to ask what their charges are for this insurance.

I know that HSBC offers it.

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