What payment method to choose?
Problem in using Credit Card
My CC has a one time password it asks everytime I do a transaction online. Meaning for double verification purpose, it sms's me a code on my phone to complete the transaction. So highly likely CIO might get redirected to this screen and get stuck to complete the transaction and I doubt they will call me to get this code. So I feel they will just reject/return my application. Preferred CC but my bank has denied from removing this OneTimePassword saying they simply cannot do that for any of their customers.
Problem in using Demand Draft
If I use DD my bank is charging me the same day and what if for some reason CIO decides not to charge me and return my application!? I'll lose the money! as bank has already charged me. Basically I get charged the same day I make the DD with my bank, not the day when it is presented by CIO to their bank in Canada. And you know sometimes they just send your application back even without informing you at all, I have come across many posts in this thread where people who applied in 2013 contacted CIC in early 2014 and found out their application was returned due to cap back in oct-nov 2013 but they never received their application back and lost it in transit. And only way I can cancel this DD is by physically presenting the original draft back in my bank here who made it in the first place to cancel it for a little fee and get the money back.
Someone please advise.