Today we were notified by HSBC that "due to the current economic environment" our credit limit was reduced to $1, 500 on our MasterCard. Today, in response, we paid off the $500 low interest rate balance and filed the card away. HSBC issues the private label Union Plus MasterCard which my husband and I have jointly owned since August 1988. Over the years, due to our impeccable credit history and never by our solicitation, the limit has been increased to $12, 000. We still have impeccable credit, paying our balances in 30 days, paying... read full review »