HDFC Bank is issuing Rupay Card by default instead of Visa/MasterCard

Yup. Had no idea we have to get our physical passbook updated because the day I got my account, i opened playstore, searched for the bank app and downloaded it thinking thats the only to check passbooks in this age.

passbooks by private banks is a recent thing. yes bank still does not offer it. i got one from icici bank when it was made available. it's pretty good to have one as you have permanent access to all your bank statements. no need to find old mails with statements or printouts or saved copies on the computer. though it does not solve one problem for me 😀 abbreviations used by banks. it's insane that some transactions do not even mention the name of the person/entity for the payment received/delivered.

thats weird. my banks clearly state the merchant against which the transaction was done. for eg: 150rs against Freecharge (mumbai)

was more talking about cheque payments.

@dejan

If you intend to use the CC sparingly set a low credit limit. That's what I've done. Curbs overspending in a big way!