FAQ on Bank Credit Cards

I want to take a credit card first time in my life,How do I find if a bank is good or bad?I have few options like Capital 1 Bank ,Chase,CitiBank,American Exp.,Advanta Bank

American Exp. and Citybank are more popular.Bank(s) offer different type of Credit cards.Check their offers carefully.Pay attention to Fine print.Ask Friends about Credit card they are using and ask for recommendations.

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Which bank charge us lowest fees for making Demand Drafts(DD) ?

Normally, the bank charges vary according to slabs.
Most of the bank now a days list their charges on their websites so you can compare by visiting there site.
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I want to invest in Banks stocks, is it good to invest in small scale banks or in old big names banks companies like Washington or BOA or some other groups like Chase?

I think this is a some risk investment involved. You aren't going to get excessive growth but instead a steady stream.
Banks growing in size does not mean stock market gains. Usually you should invest in share market in multiple sectors.
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Is it possible to deposit into someones account through a different bank ?

Yes, Sometimes there is fee and you can do transfer from one bank to another and fee is based on how many banks involves while processing.

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Can i have Bank account in America/Japan if I'm not residing in America/Japan ?

Japan Doesn't allow anyone to have bank that is not legally resident.Through Now a days there are many international banks operating all over the world which may open your account after a lot of formalities.
Also many banks have an option to open a temporary bank account.

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How many days does it take for money to clear from one bank to another bank while doing transfer using online banking in UK ?

I think it usually takes 2-3 business days.Rest depends upon how many banks involves while processing.

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