Simple finances
So thinking through what I would like from my "ideal" bank account and from an ideal credit card, here is the list:
Bank Account:
- No interest (0%) (A bank is the worst saving's instrument anyway)
- Less than Rs. 10,000 Average Quarterly Balance requirement
- More than 5 ATM accesses permitted per month, free of charge from any ATM across the country
- Payable-At-Par chequebook facility
- ATM only card, no debit or shopping facility, single day withdrawal upto Rs. 25,000
Credit Card:
- Reminder service; 1 week, 3 days and 1 day before my payment becomes due
- A week's grace period after due date, during which if I pay the amount in full, all charges (such as late payment, interest) are reversed :-)
- Credit limit hard boundary at Rs. 30,000 per month
- Don't need any scheme of "cash back" or "rewards". A credit card is only for convenience never for credit
And seriously I think I would actually be willing to PAY for services that simple. If any of you guys know of some bank that can provide me these services please do drop me a comment.