Best Debit Card in the World? & Why?

[HumorSimpson]

@Vasuki see Mandal babu's siggy.

 

[telescope]

Guys, this is just an informational post. This account/debit card might be useful for some, but most people can probably ignore it. The Schwab brokerage account is great if you trade or invest in the US. However, opening this account just for the debit card isn’t a good idea if you live outside the US and can’t visit the country.

One more question. Charles Schwab allows Indians to trade in margin trading like futures and options? or just only investing?

 

[TechnoFinoTechnoFino is verified member.]

One more question. Charles Schwab allows Indians to trade in margin trading like futures and options? or just only investing?

It allows you to trade...

 

[shivamk]

@SSV @m4b looks line something you guys might be interested in

 

[xxScriptzxx]

@TechnoFino what's the process to get the debit card?

I already have the necessary funds in Schwab international brokerage account due to company shares I get..

I have sent you a DM, could you check ?

 

[percolate]

Good info but the title is misleading.

 

[mayankpatel]

very informative post. Thanks for sharing. After account is opened and debit card is received, to fund the account before international trips, account name to transfer fund to will be on my name or on Charles’s Schwab name with further credit to instruction? Asking as you said it is not a regular saving account @TechnoFino

 

[m4b]

@SSV @m4b looks line something you guys might be interested in

I knew this long before but due to the initial fund part, I chose IBKR for foreign investment. But Haan this is good if anyone wants that DC.

 

[shivamk]

I knew this long before but due to the initial fund part, I chose IBKR for foreign investment. But Haan this is good if anyone wants that DC.

Kaha se pata lagaate ho bhai ye sab

 

[m4b]

Kaha se pata lagaate ho bhai ye sab

haha when I was looking for a broker where I could invest in US etfs, I saw a post on Reddit. It was mentioned the Charles Schwab's features.

 

[navam]

Wah I had no idea they gave the DC in India as well, I just assumed it won't be available here.
Calling them up right away

 

[TechnoFinoTechnoFino is verified member.]

very informative post. Thanks for sharing. After account is opened and debit card is received, to fund the account before international trips, account name to transfer fund to will be on my name or on Charles’s Schwab name with further credit to instruction? Asking as you said it is not a regular saving account @TechnoFino

You can use this as a normal us bank account, schwab will provide you details for wire transfer or other transfers.

 

[TechnoFinoTechnoFino is verified member.]

There was an opportunity to open a Charles Schwab brokerage account for free, even if you lived in India. TD Ameritrade, which recently merged with Charles Schwab, allowed Indians to open brokerage accounts with zero deposit. All TD Ameritrade accounts were converted to Charles Schwab brokerage accounts. This happened in the last quarter of 2023, if I'm not mistaken.
So, opening a Charles Schwab account with zero deposit was definitely possible if planned accordingly.

 

[beast_boy]

There was an opportunity to open a Charles Schwab brokerage account for free, even if you lived in India. TD Ameritrade, which recently merged with Charles Schwab, allowed Indians to open brokerage accounts with zero deposit. All TD Ameritrade accounts were converted to Charles Schwab brokerage accounts. This happened in the last quarter of 2023, if I'm not mistaken.
So, opening a Charles Schwab account with zero deposit was definitely possible if planned accordingly.

Ye Cheej pehale batani thi bro in Last quarter of 2023

 

[telescope]

There was an opportunity to open a Charles Schwab brokerage account for free, even if you lived in India. TD Ameritrade, which recently merged with Charles Schwab, allowed Indians to open brokerage accounts with zero deposit. All TD Ameritrade accounts were converted to Charles Schwab brokerage accounts. This happened in the last quarter of 2023, if I'm not mistaken.
So, opening a Charles Schwab account with zero deposit was definitely possible if planned accordingly.

why didn't you tell us? It was once in a lifetime kind of opportunity.

 

[Riva]

All looholes / tricks / offers come in the open only after the party is over!!
Would have been gold if we knew this then!!

 

[TechnoFinoTechnoFino is verified member.]

Ye Cheej pehale batani thi bro in Last quarter of 2023

why didn't you tell us? It was once in a lifetime kind of opportunity.

I missed it... I should have posted this here.... 🥲

 

[EternallyHopeful]

Good information, even though it may not be suitable for many TFians here.

 

[TechnoFinoTechnoFino is verified member.]

All looholes / tricks / offers come in the open only after the party is over!!
Would have been gold if we knew this then!!

This was not a loophole... absolutely not.
I've been holding a Charles Schwab brokerage account for about 4 years and didn’t pay much attention to their merger. But yes, I should have posted this information here. Many people could have benefited from it.

 

[telescope]

This was not a loophole... absolutely not.
I've been holding a Charles Schwab brokerage account for about 4 years and didn’t pay much attention to their merger. But yes, I should have posted this information here. Many people could have benefited from it.

Where shall I keep this sadness.