Credit Crunch?

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Old Jan 17th 2009, 10:39 am
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Default Credit Crunch?

Mashreq just rang offering me a credit card with 6 figure limit and no security cheque required?!?!
(My salary is credited to them though).

Very surprising.
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Old Jan 17th 2009, 10:47 am
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Default Re: Credit Crunch?

Originally Posted by Jeeper
Mashreq just rang offering me a credit card with 6 figure limit and no security cheque required?!?!
(My salary is credited to them though).

Very surprising.
Your real name isn't Kaka by any chance?
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Old Jan 17th 2009, 10:53 am
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Default Re: Credit Crunch?

Originally Posted by Shadya
Your real name isn't Kaka by any chance?
nope.
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Old Jan 17th 2009, 11:02 am
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Default Re: Credit Crunch?

..are you sure there isn't a decimal point before that last two digits ?
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Old Jan 17th 2009, 11:04 am
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Smile Re: Credit Crunch?

Originally Posted by MacScot
..are you sure there isn't a decimal point before that last two digits ?
Or that's not what the interest rate is charged at .
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Old Jan 17th 2009, 11:05 am
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Default Re: Credit Crunch?

Originally Posted by Jeeper
Mashreq just rang offering me a credit card with 6 figure limit and no security cheque required?!?!
(My salary is credited to them though).

Very surprising.
The limit is AED6?

(Bad Private Eye joke)
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Old Jan 17th 2009, 11:06 am
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Default Re: Credit Crunch?

Originally Posted by Jeeper
Mashreq just rang offering me a credit card with 6 figure limit and no security cheque required?!?!
(My salary is credited to them though).

Very surprising.
Was the person on the phone a Nigerian???
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Old Jan 17th 2009, 11:51 am
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Default Re: Credit Crunch?

Originally Posted by Confucius
Was the person on the phone a Nigerian???
They've tried about 10 times since I first applied for a credit card with them about 2 years ago with the limit getting higher and higher (as if that's an attraction). I bank with mashreq but my credit card is not with them.
When I first applied they wanted me to sign a security cheque. I told them I refuse to sign a blank cheque for you. Their reply was "but sir, we won't use it....it's just for security".

So why have it if you'll never use it?

I've never signed a security cheque for anthing...never will - certainly not in these lands.
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Old Jan 17th 2009, 12:33 pm
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Wink Re: Credit Crunch?

Could they not take your credit card number instead?
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