Shanavas dot Com » Credit Cards http://www.shanavas.com Make Money Online in India Fri, 27 Aug 2010 00:20:15 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 http://www.shanavas.com http://www.shanavas.com/wp-content/plugins/maxblogpress-favicon/icons/favicon-20.ico Shanavas dot Com How to Get a Fast Credit Card http://www.shanavas.com/how-to-get-a-fast-credit-card/ http://www.shanavas.com/how-to-get-a-fast-credit-card/#comments Mon, 25 May 2009 08:03:18 +0000 Shanavas http://www.shanavas.com/?p=859

If you are looking to get fast credit card from Indian banks like ICICI and HDFC and you don’t have lot of salary or you don’t have a job, then the best way to get a credit card is through fixed deposit. ICICI bank offers credit card on FD of 20,000 and HDFC bank offers credit card on FD of 50,000. The credit card offered by ICICI will have a minimum credit limit of Rs. 17000 and maximum of Rs. 3 lacs.

You can keep and use your credit card as long as you are keeping the fixed deposit, when you break your fixed deposit, the credit card will stop working. To apply for such credit cards, go to the local bank branchwith your documents like PAN card, passport, 2 colored photos, address proof and check using which you will pay the money. You can get your credit card in around 2 weeks and the password for it in another week. I talk to the ICICI bank people by visiting the branch and they told me that you can get a credit card in one week.

This credit card by fixed deposit method is perfect for students, self employeed and senior citizens as well all those people who are not getting credit card by banks because they don’t have income.

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]]> http://www.shanavas.com/how-to-get-a-fast-credit-card/feed/ 1 5 Credit Card Tips for Everyone http://www.shanavas.com/5-credit-card-tips-for-everyone/ http://www.shanavas.com/5-credit-card-tips-for-everyone/#comments Mon, 02 Mar 2009 06:58:24 +0000 Shanavas http://www.shanavas.com/?p=608

If you have a credit card and you use it carelessly you will always in debt. Credit card companies charge heavy fees if you don’t pay your credit card bill on time. They also have fees for certain types of transactions like usage in petrol pumps. Banks like ICICI and HDFC bank will charge a fee if you pay credit card bill by cash. Read their manual to see the complete list of fees.

1. Always pay your credit card bills on time. This is the most important thing you can do get away from credit card debt. Always pay at least your minimum payment and make an early payment if you pay by cheque since it will take few days to process your payment. If you make your payment a day late you have to pay a late payment fee and also interest from the day you purchased the item.

2. Pay your balance in full each month. You don’t need to pay any interest if you pay the amount in full. If this is not possible to pay the full amount, then make a payment as large as possible.

3. Slow down usage if you can’t pay the full balance. Having a credit card allows you to buy in credit. Buy only if you have the money to pay the bill on time. Reduce your credit card usage and spend depending on how much you earn.

4. Check your statement carefully each month. Review your statement carefully. Check whether all the charges look correct. Check for any unusual and unexpected charges. Contact the customer care and clear your doubts about any transaction or charges.

5. Don’t carry your credit card with you. Don’t carry your credit card around with you. Unless you are specifically leaving the house to use it keep it at home

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]]> http://www.shanavas.com/5-credit-card-tips-for-everyone/feed/ 1 Get Free Credit Cards in India http://www.shanavas.com/get-free-credit-cards-in-india/ http://www.shanavas.com/get-free-credit-cards-in-india/#comments Tue, 09 Dec 2008 09:21:25 +0000 Shanavas http://www.shanavas.com/?p=161

The biggest problem faced by most people for making money online is that they don’t have a credit card. The fact is that many banks including ICICI bank, HDFC bank and Citibank are offering life time free credit cards. You must be minimum 21 years old and must be employed with a minimum monthly salary of 10,000 to apply for a credit card. This is the minimum salary requirement for HDFC bank. This amount may vary from bank to bank. Apply for a credit card in your parent’s name if you are not eligible. For a life time free credit card there are no charges to be paid other than the purchases you made using your credit card. Even if you don’t need a credit card now, it is better to take one now as it is free and you can use it when you need it. Several years back credit cards had annual maintenance charges which you have to pay even if you don’t use it, but now there are no such fees. From my experience I found that it is easy to get a credit card from HDFC bank compared to other banks. You can open an HDFC bank account if they don’t offer a credit card otherwise. You can apply for a credit card online or contact the bank branches in your area.

Which Credit Card is better?

While there are many credit cards available from various banks I prefer an HDFC bank credit card and I am using it for several years. It allows you to create netsafe cards using your credit card. HDFC bank offers verified by visa/ Mastercard Securecode facility for increased safety. If you are not eligible for a credit card you can use a netsafe virtual credit card for shopping online.

Don’t forget to read

Don’t have Credit Card – Use Virtual Credit Card

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]]> http://www.shanavas.com/get-free-credit-cards-in-india/feed/ 12 NetSafe Card – Virtual Credit Card from HDFC Bank http://www.shanavas.com/dont-have-credit-card-use-netsafe-card/ http://www.shanavas.com/dont-have-credit-card-use-netsafe-card/#comments Tue, 18 Nov 2008 08:42:35 +0000 Shanavas http://www.shanavas.com/?p=83

Many times you will find that it requires a credit card to make an online transaction. If you want to make serious money from internet, you definitely need a credit card. It is difficult to get a credit card for many people. If you don’t have a credit card you can use a NetSafe card instead of a real credit card for online transactions. If you are from India, then HDFC bank has a facility called netsafe which will help you to make virtual credit cards using your debit card. All you need to do is open a bank account with HDFC bank. Then you need to register your debit card on bank website for one time, and you can generate a login id and password from the website.

The netsafe virtual credit card can be generated by logging onto the HDFC bank website and can be used at any online shopping website that accepts VISA/Mastercard. You can generate netsafe card for any amount of your choice and it is limited by your bank balance. The netsafe card will expire within 24 hours after it is created and netsfe card can be used for a single transaction only. You can use netsafe cards for paying amounts in any currency by converting the foreign currency amount to indian rupees using sites like xe.com. If you are going to use it on sites that are charging the amount in US dollar, convert the dollar amount to rupees using the current exchange rate and use slightly higher amount than the calculated amount. If the netsafe card limit you created is lower than the amount required for the transaction, the transaction will not be done. That is the reason why you should create the card for a slightly higher amount. You will be charged only the actual amount. Any unused amount from the netsafe card will be credited back to your credit/debit card account. The risk exposure on the netsafe card is limited to your self-chosen limit.

I am using netsafe card for online transactions for more than one year. I have used it for paying my broadband bill, domain registration, and on very popular websites like eBay, ClickBank and everywhere that need a credit card. I have also used netsafe card for verifying paypal account. To verify paypal generate a netsafe card for Rs 100 and add it to paypal. To get the paypal verification code, login to netsafe and go to go to the “All Accounts/Services ” . After that click on “TXN Details”. The transaction description will be shown like ” 1723PAYPAL – - *EXPUSE 4585962536 “. The numbers will be different for each transaction. The first four digits before payapl is the paypal verification code.

The disadvantage of the nesafe card is you can’t use for recurring transactions like monthly subscription. However you can pay the amount for a monthly subscription in advance such as 6 months payment in a single transaction.

You can verify your paypal account from Websoft Technologies. Click here for details.

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