JF
Jon F

1 reviews | Active since Aug 2021

27 Aug 2021, 13:16

Credit Card closure and Refund.

I have been trying to close my ABSA Credit card but have been given the runaround. On the 24th August 2021, my payment, which I transferred via EFT to my ABSA credit card, was cleared for R2 538.19. That was the outstanding balance needed to square up the account. I called ABSA on 25th Aug 2021 to ask that the card be closed. I was told by an agent named Monique in the credit card division, that I had to pay a settlement amount of R23.71 before I could request the card be closed. I paid that amount on 25 Aug 2021 and it cleared within 24hrs. I then called ABSA on 26 August 2021 to close the card and was told the settlement amount was actually R28.71 and that I had to pay another R5.00 before the card could be closed. Zodwa assisted me on that call. She said she has forwarded my request to a team lead regarding the closure of this ABSA credit card. But ABSA proceeded to debit my personal bank account today, 26th August 2021 for the proposed debit amount of R2 274.19, after I had already squared up the account.

Now the available credit card balance is well over the amount that was approved, as ABSA debited my account after i had already paid what was due. I can see this on my ABSA app.

Why is it taking so long for them to transfer the funds that's due to me, back to my personal account, when I can see the money in the balance amount!!! I would like a swift resolution to the incompetence shown from ABSA bank. If this is not resolved ASAP, I will be taking this further, as they have taken quite a big amount from my monthly salary.

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JF
Jon F's update30 Aug 2021, 22:47
Reviewer Update
Since my last post on Hello Peter, I received an email from Basani Hlungwane regarding my complaint, on Friday 27th August 2021. She assured me that my query was being looked into.

Later that same day, I received a call from Desmond, who works in the ABSA credit card department. He proceeded to close the credit card account and he did the refund that was due to me.

I have since received an invoice detailing the credit owed to me after the debit amount was deducted from my bank account and I received a credit card account closure letter as well.

I received the funds today, 30 August 2021 from ABSA.

I'd like to thank ABSA, Basani and Desmond, for their swift responses to my query and for their involvement in having the funds transferred back to me.

Many Thanks. (They deserve 4 stars for their help)