Hi,
I have got a call from HSBC about co branded card with makemytrip. They are offering me cashback upto the extent of air fare booked in one of the transaction through makemytrip – it is 5 thousand rupees.
As per procedure mentioned by salesman, to avail the cashback, I have to activate card by doing a transaction, I have to pay 500 Rs annual maintenance charge. Then 5000 Rs will be credited to my account which I can spend on any transaction including buying petrol. I wonder whether salesman is giving correct information? whether I should avail that offer?
I have asked him multiple times whether there are any cancellation charges. Every time he has confirmed that there are no cancellation charges.
I have his visiting card and I know he is employee of HSBC. Interestingly, visiting card has his manager’s number also.