Is it legal?

Question

I have received a credit card from the ANZ bank stating I had been successful with my application. Only problem is, I didn't apply for it or for that matter even have an account with that bank. All I had to do is activate it by using the supplied number, it didn't tell me what my credit limit was either if I was to activate the card. This can't be legal, just imagine the amount of debt people could get themselves into this way.

Answer 1

It is legal but if you charge alot of stuff to it and dont pay it off, you will be charged the high interest rates.

Answer 2

I don't know the laws, but what if the card had gotten into the wrong hands? I would think the credit card company would have be responsible. If I were you I would look into this to make sure someone hasn't been filling out credit card applications with your name and info. You could call the issuing bank, or get a a copy of your credit report to see how this happened. I am sorry I couldn't help more.

Answer 3

♥ I would cut it to shreds! I doesnt sound legal. Aspen sent me a real credit card with my name and everything on it. I shred the card and 1 month later I get a bill for the $150 activation/yearly fee. I called them and said this card is NOT activated, I shred it so it has not been used. They said we bill you even if you dont activate it. So the other day after not receiving anything for like 2 months I receive another bill for $150 plus a past due fee and a notice of cancellation... I am keeping that paper because I never activated the card to begin with and I am not paying the $150!!!

Answer 4

Its probably a very bad deal. Like high interest rates and high fees and charges. Maybe even a high annual fee. You should understand all the details and fees before you agree to the card. I would just cut it in half or shred it.

Answer 5

It's not. It's a typical credit card scam. Cancel it immediately.

Answer 6

Do not in anyway deal with this bank. This might be a scam just wanting information from you. Trash it.