Best online payment cards?

To make a long story short, 😁
can I actually use a Visa Business Electron card from JPMorgan Chase for purchases? It’s technically a debit card, but it's tied to a checking account...
Or am I required to have a standard checking card, a foreign currency card, or even a credit card? I stumbled upon some info somewhere suggesting you can't use a basic debit card for certain things...
And if my understanding isn't completely botched—is the standard checking account just a Maestro chip card from JPMorgan Chase, while the foreign currency one is a Visa Electron chip from them?
Also, does every single bank use the exact same terminology? For instance, JPMorgan Chase, Goldman Sachs, etc.—do they all just call their cards the same thing? Like, is a checking card always called Maestro everywhere, a business card is always a Visa Business Electron, and foreign currency is always a Visa Electron International? That seems to be how it works at New York banks... I mean, what I'm trying to get at is, does it all basically boil down to the same thing regardless of the bank?

So, I was looking into this—Chase has this prepaid Visa card deal right now where everything is totally free for the first year. We’re talking zero fees for account maintenance and online banking, too. You don't even have to move your direct deposit over or jump through all those hoops to prove you actually "need" an account—honestly, just wanting a way to shop online without risking your main stash is reason enough if you ask me. Plus, the card lasts for five years, which is decent. I've been using it with PayPal and it works perfectly fine—tested and true...🙂

urbanlynx23 said:To make a long story short, 😁
can I actually use a Visa Business Electron card from JPMorgan Chase for purchases? It’s technically a debit card, but it's tied to a checking account...
Or am I required to have a standard checking card, a foreign currency card, or even a credit card? I stumbled upon some info somewhere suggesting you can't use a basic debit card for certain things...
And if my understanding isn't completely botched—is the standard checking account just a Maestro chip card from JPMorgan Chase, while the foreign currency one is a Visa Electron chip from them?
Also, does every single bank use the exact same terminology? For instance, JPMorgan Chase, Goldman Sachs, etc.—do they all just call their cards the same thing? Like, is a checking card always called Maestro everywhere, a business card is always a Visa Business Electron, and foreign currency is always a Visa Electron International? That seems to be how it works at New York banks... I mean, what I'm trying to get at is, does it all basically boil down to the same thing regardless of the bank?

Nah, honestly, you can only really shop with credit cards—you can't use those debit cards that are linked directly to your everyday checking account.

urbanlynx23 said:To make a long story short, 😁
can I actually use a Visa Business Electron card from JPMorgan Chase for purchases? It’s technically a debit card, but it's tied to a checking account...
Or am I required to have a standard checking card, a foreign currency card, or even a credit card? I stumbled upon some info somewhere suggesting you can't use a basic debit card for certain things...
And if my understanding isn't completely botched—is the standard checking account just a Maestro chip card from JPMorgan Chase, while the foreign currency one is a Visa Electron chip from them?
Also, does every single bank use the exact same terminology? For instance, JPMorgan Chase, Goldman Sachs, etc.—do they all just call their cards the same thing? Like, is a checking card always called Maestro everywhere, a business card is always a Visa Business Electron, and foreign currency is always a Visa Electron International? That seems to be how it works at New York banks... I mean, what I'm trying to get at is, does it all basically boil down to the same thing regardless of the bank?

Just link it to your PayPal account and you should be all set to shop normally.
Of course, you'll just need to make sure there's actually enough cash sitting in the account first...

I suppose I should address what was said—though why anyone would want my take on this is beyond me—but here we go.

Scott Cooper32 said:So, I was looking into this—Chase has this prepaid Visa card deal right now where everything is totally free for the first year. We’re talking zero fees for account maintenance and online banking, too. You don't even have to move your direct deposit over or jump through all those hoops to prove you actually "need" an account—honestly, just wanting a way to shop online without risking your main stash is reason enough if you ask me. Plus, the card lasts for five years, which is decent. I've been using it with PayPal and it works perfectly fine—tested and true...🙂

Oh, thank you ever so much! 🙂 So, basically—can I just shut the whole thing down after a year? Is there any catch where they suddenly demand some random fee or penalty just because I want to close my account?

Scott Cooper32 As stated by: It’s quite simple, really—you can only use credit cards for this. Don't even bother trying with those debit cards that are tied directly to your checking account; they simply won't work here.

Good grief—I honestly had absolutely no idea. Not a clue. 😢

Arthur Kim74 said:Just link it to your PayPal account and you should be all set to shop normally.
Of course, you'll just need to make sure there's actually enough cash sitting in the account first...

🙂 That’s exactly why I was asking—because I’ve heard it’s actually doable... though, honestly, that’s where the whole thing falls apart. It's this Catch-22 with PayPal and online banking; apparently, if I want to set up a PayPal account, I first have to get hooked up with online banking, and let me tell you, those monthly service fees are just another headache I don't need. 😢
And honestly—I had already gone ahead and planned to just wire the funds directly into the account earlier... 🙂
Even though Goldman Sachs currently holds that position mentioned above—not that I have any particular inclination to deal with such matters myself—it remains the case. 😁 All these endless procedures—just because of a few tiny little things I need to order... honestly, it's ridiculous. 😁 Honestly, I am such a total slacker... I can’t even believe myself. 😁

Thanks a million. 🙂

Yeah, so once you hit that one-year mark, you can pretty much wrap everything up—account, online banking, all that good stuff—without getting hit by any annoying fees.

urbanlynx23 said:I suppose I should address what was said—though why anyone would want my take on this is beyond me—but here we go.

Oh, thank you ever so much! 🙂 So, basically—can I just shut the whole thing down after a year? Is there any catch where they suddenly demand some random fee or penalty just because I want to close my account?

🙂 That’s exactly why I was asking—because I’ve heard it’s actually doable... though, honestly, that’s where the whole thing falls apart. It's this Catch-22 with PayPal and online banking; apparently, if I want to set up a PayPal account, I first have to get hooked up with online banking, and let me tell you, those monthly service fees are just another headache I don't need. 😢
And honestly—I had already gone ahead and planned to just wire the funds directly into the account earlier... 🙂
Even though Goldman Sachs currently holds that position mentioned above—not that I have any particular inclination to deal with such matters myself—it remains the case. 😁 All these endless procedures—just because of a few tiny little things I need to order... honestly, it's ridiculous. 😁 Honestly, I am such a total slacker... I can’t even believe myself. 😁

Thanks a million. 🙂

You don't actually need online banking, where did you hear that?

You just link your card to your PayPal account and then when you're shopping online, you just pay through your PayPal balance or linked funds, so there's really no need to deal with the hassle of online banking at all...

Arthur Kim74 said:

You don't actually need online banking, where did you hear that?

You just link your card to your PayPal account and then when you're shopping online, you just pay through your PayPal balance or linked funds, so there's really no need to deal with the hassle of online banking at all...
You don't actually need online banking, where did you hear that?

You just link your card to your PayPal account and then when you're shopping online, you just pay through your PayPal balance or linked funds, so there's really no need to deal with the hassle of online banking at all...
Exactly!

Arthur Kim74 said:

You don't actually need online banking, where did you hear that?

You just link your card to your PayPal account and then when you're shopping online, you just pay through your PayPal balance or linked funds, so there's really no need to deal with the hassle of online banking at all...
You don't actually need online banking, where did you hear that?

You just link your card to your PayPal account and then when you're shopping online, you just pay through your PayPal balance or linked funds, so there's really no need to deal with the hassle of online banking at all...

Scott Cooper32 said:You don't actually need online banking, where did you hear that?

You just link your card to your PayPal account and then when you're shopping online, you just pay through your PayPal balance or linked funds, so there's really no need to deal with the hassle of online banking at all...

Exactly!
Good grief, what a circus
thanks a million!!!🙂 apparently a few people told me it worked that way... 😍
😢

I'm looking to set up a bank account pretty soon so I can finally get serious about shopping on eBay and similar sites, receiving payments from some overseas companies, and getting my card linked up with PayPal and all that sort of thing.

So, I have a few questions to toss out there: which bank should I be looking at?
What kind of account am I actually looking for—is it a standard checking account, or something more specialized?
And what about the card itself? I was weighing my options between a Hypo debit card or maybe just a standard Visa.
Do I really need to bother setting up online banking, and is it worth getting one of those little POS terminals or whatever they call them?
Also, does anyone know where the maintenance fees are the lowest among the big players like JPMorgan Chase, Goldman Sachs, or Hypo?

I do hope I haven't posted this in the wrong corner of the forum, but I'm really hoping someone can point me in the right direction here. 😍

Jerry Peterson3 said:I'm looking to set up a bank account pretty soon so I can finally get serious about shopping on eBay and similar sites, receiving payments from some overseas companies, and getting my card linked up with PayPal and all that sort of thing.

So, I have a few questions to toss out there: which bank should I be looking at?
What kind of account am I actually looking for—is it a standard checking account, or something more specialized?
And what about the card itself? I was weighing my options between a Hypo debit card or maybe just a standard Visa.
Do I really need to bother setting up online banking, and is it worth getting one of those little POS terminals or whatever they call them?
Also, does anyone know where the maintenance fees are the lowest among the big players like JPMorgan Chase, Goldman Sachs, or Hypo?

I do hope I haven't posted this in the wrong corner of the forum, but I'm really hoping someone can point me in the right direction here. 😍

Honestly, I'm in the exact same boat. I want to get into buying and selling on eBay and Steam...
I'm 18, still in high school...
If there's anyone out there with a good heart who could give me and my buddy a detailed breakdown of where to go, what to ask for, and exactly what paperwork or info I need to hand over...😁

Subforum Online Shopping, check there

I’ve got a quick question for you guys.

Does anyone know if it’s actually possible for me—since I'm still a minor—to go down to JPMorgan Chase and pick up a debit card? Basically, I just want it specifically for my PayPal account. I read somewhere that you can just walk up to the teller, hand over some cash, and they'll load a card with whatever amount you give them. Like, if I give her fifty bucks, she puts fifty bucks on the card, right?

Thanks in advance!

I finally managed to get my PayPal account up and running! 😍
Thanks again, everyone 🙂
Honestly, I am just so incredibly happy right now—words don't even do it justice! 🙂
Oh, and... it just hit me why I was so convinced I needed online banking back in the day. About 23 years ago, I tried setting up a PayPal account, but there wasn't an American version available then, so I couldn't get anywhere without having full access to online banking... or something like that, I suppose. 🤷

silentcobra3 said:I’ve got a quick question for you guys.

Does anyone know if it’s actually possible for me—since I'm still a minor—to go down to JPMorgan Chase and pick up a debit card? Basically, I just want it specifically for my PayPal account. I read somewhere that you can just walk up to the teller, hand over some cash, and they'll load a card with whatever amount you give them. Like, if I give her fifty bucks, she puts fifty bucks on the card, right?

Thanks in advance!

If you mean a Visa gift card from the Mall of America, you can get one for $33,200,$167

Scott Cooper32 said:Nah, honestly, you can only really shop with credit cards—you can't use those debit cards that are linked directly to your everyday checking account.

A debit card works fine if it's a Visa Electron🙂

Since I'm a student without a steady income, getting my own credit card isn't really an option right now. I was wondering if there are any specific cards available for students that actually allow for online shopping? Currently, I just have a debit card tied to my checking account, but it doesn't work for anything on the web. Is there any way to get around this besides relying on my parents or having them give me power of attorney? I'd prefer to handle my own transactions independently.

Yeah. It’s just called a debit card. Go ask Bank of America about getting a Visa Electron. Never had any issues with mine, though I haven't used it all that much.

I opened a foreign currency account at Bank of America a few years back, and I’ve got a Visa debit card linked to my PayPal. Has anything changed recently with how Bank of America handles Visa Electron, or is it still a dead end when it comes to registering those cards? The whole reason I switched over to Bank of America was specifically to avoid having a credit card tied to my PayPal account. Thanks!

Arthur Kim74 said:Just link it to your PayPal account and you should be all set to shop normally.
Of course, you'll just need to make sure there's actually enough cash sitting in the account first...

Man, I’m running into this exact same headache... I've got a Visa business debit card linked to my checking account, right? So I try to book a room at some hotel overseas, and they just flat-out reject the reservation. Then, I go ahead and register that same card with PayPal, and now it’s telling me my PayPal balance is $0.00 USD, even though I definitely have the funds in my bank account...🙂