Hi guys,

I turned 18th this may and planning to get a debit card to buy rc items form HOBBYKING and other sites like ebay..
I will soon have my driving license.

So which bank should i choose .I have no idea about banks.
We have  HDFC,SBI,ALLAHABAD.,ICICI,AXIS,UNION BANK or any other i am missing?

HDFC and ICICI says that they have verified by visa card and mastercard secure code.So is there a diff. bet. VISA and VERIFIED BY VISA..........MASTERCARD and MASTERCARD secure code.??

We cannot use western union money transfer cause we can receive money from foreign but not send them(what chap )

Or please share your views or other mode of payment .if any.

Thnks
Snehal

Get one from SBI and other from ICICI, BTW Axis is also good. I use AXIS debit card for buying from HK.

So what sign i will be looking on my debit card.Should it be mastercard or visa??
Is there any currency conversion charged by those banks??

I am no expert on this but I have only one master and other are visa, the axis debit card I use is a verified by visa card. I've never been charged for currency conversion on it. But if you use debit card for buying from hobbyking then you'll have to pay an extra 1%, which is no big deal IMO for people who don't like credit cards.

@ Sunlikestar .So what logo is printed on you debit card?

Is it simply VISA
or
Verified by VISA?

 

@sunlikestar what king of debit card you have .Is there any annual charge for ur debit card??

http://www.axisbank.com/personal/cards/debitcards/debitcards.asp

thnks

No annual charges and it has a Visa logo on it, verified by visa is just a process.
Go get yourself some cards, debit card, driving licence, credit card.. what ever you want 

Solved..Happy
Thnks SunLikeStar

Yes BUt what type of card u have (Axis)

here is a link that gives u information about all types of cards and related charges clearly.
http://www.axisbank.com/serviceschargesandfees/serviceschargesandfees.asp

See under Debit card option.

I have a gold card, this one
http://www.axisbank.com/personal/cards/golddebitcard/Gold-Debit-Card.asp
But you dont have to get the same thing, there are lots of options available and you can use almost any debit card for buying on hobbyking. Get an SBI account first if possible, they have every thing you'll ever need. I use my axis account only because i have assigned all my other accounts for other serious stuff 

 

In SBI,get a card which has the expiry date and CVV number..They have a basic version of Maestro card which does't have an expiry date and cvv number..U can't use tat card for online purchase..   

I would suggest CitiBank. I have found them to be the best when it comes to online transactions. While all cards will function the same, customer service matters a lot and in this regard CitiBank comes out on top. They're not the best in the world but they're very good. I've got accounts with Barclays, Citi, Icici and SBT. So trust me, I've seen some horrible service.

Also Citi default cards are Maestro. But you can choose to have Mastercard (which I have) or Visa. They have several debit cards to choose from and the annual charges are more often than not waived off if you maintain a healthy account. I have two debit cards on my account and both are free. One is a Maestro with benefits for grocery shopping and the other is a Mastercard.

Even i need an account, will get one in SBI for safety and one in HDFC for netbankin only. dont know much about other banks but il say this "Belated happy birthday"

Can we order on HK by Debit card..

@traxxrc: Yes u can..

I haev a PNB, SBI card, can i pay through them?

PS:They are ATM cum Debit Card.

Only if they are Master or Visa.

Refer reply#11

@rajathv8...thnks but ma real birthday is on 24 jan ....2may  is my official bday date....anyways i will reserve ur wishing for ma next bday.lol :

So what one had to do is open savings or current account and opt for Visa or Mastercard logo on credit or debit card .Then register for net banking ,then register card online.So its simple.
and yes credit card is only for people who are getting salary .but debit card anyone can get.The main diff. bet. debit and credit card
http://www.direct.gov.uk/en/MoneyTaxAndBenefits/ManagingMoney/BankAccountsAndBankingProducts/DG_10035158


But i saw somewhere on the website that bank charges some   for currency conversion i.e. 1% -3.5%.But thats not a great deal.
I am thinking of getting account in HDFC because one of its service NETSAFE is very good.As its name suggest it makes safe to shop online.It produces a virtual credit card that can be used only once.Therefore real credit card number is not exposed, ..almost impossible for anyone to misuse it.nice.

snehal

Snehal,suppose if u get a visa card means u have to create a password in ur bank's site which is called as verified by visa password..U have to enter this password in each time of ur purchase..So no need to worry about exposing ur card number..

@Krish  Yes u r right.
Verified by Visa and mastercard securecard services made online transactions safe.
But there are Hackers out there who are always waiting for a pray.
So We should also take precaution while buying something from credit or debit card online.We should never use public Computers as they may have installed keyloggers and other trojans.

You can go for Netsafe credit card option. I always use same to buy online. Generate Netsafe card from your existing credit card with desired amount of money and use. It will get expired in 24 hrs if not used.

Can netsafe be used wid a debit card with visa logo on it.??

paypal is more safe