Complaint Details

Status	:	Closed
Complaint No	:	0007140/2013
Category	:	Credit Card
Date	:	07-11-2013
Subject Line	:	IS THE TERM OF CANCELLATION OF CREDIT CARD WITHOUT NOTICE TENABLE?
Complainant	:	S RAMU
Address	:	4 SRI RAM COLONY, ADYAR
Complainee	:	HDFC BANK
Address	:

Complaint Details
"The Bank at any time (in their sole discretion and without giving any notice thereof to the card-member or assigning any reason thereof) suspend, withdraw or cancel the benefit of such insurance covered, and there will be no binding obligation on the bank to continue this benefit. Using the Card is deemed acceptance of this term."

Is this term legally tenable? Are there relevant citations for or against such a term? Thank you.

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