klaus3974

Hi,

I decided to get a credit card to make my life easier regarding online booking and to accumulate a few airline miles. I got all the forms and after filling in, the bank asked me to sign a blank cheque as a "security measure" given the recent events. Is that normal? Anyone was asked the same? I decided not to do it as the last thing I would like to do is to spend some time in jail here if something goes wrong.

Cheers,

busybee2

yep normal blank security cheque way its done here

commander

Never had to do that. Had 4 diff cards

busybee2

for loans etc through banks blank cheque required etc.

commander

That's not what he asked thou?? He asked for a credit card...

BB Have you signed a blank check as security for a credit card??

Meow

It is now common practice for banks to request that. Alternatively if the CC is from the main bank you use, they may ask you to keep a minimum balance in the account to cover the credit limit.

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commander

Hsbc and citibank don't??

Foxes

yes - for rak bank, not required for adcb or hsbc

busybee2

havent got a credit card remember i am a non working housewife.

NorthernLad

I haven't had to do that with Emirates Bank or CitiBank...maybe it's a recent change?

klaus3974

Thanks all for your feedback. This is with Emirates bank and they said is a NEW proceedure. I decided to not sign the cheque and offer to keep a minimum balance as Meow suggested. We will see...

Meow

Yes they do.

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commander

Blue Cat

I have one

Spugsy

well whats the point of that??