Whatever you do when you see an offer for a HSBC Platinum Master Card, run, do not walk away. The usual credit card complaints apply - ridiculous interest rate hikes, enigmatic fees, random charges to the account etc.

But the kicker is the Account Seccure "option". Though "optional" it sounds like a good idea, especially during these times, to take advantage of a safety net when offered. Amongst other features this service offers payment protection in case of involuntary unemployment. The problem with this particular feature is two-fold.

Once you file a benefit claim not only does HSBC raise...