DD is Recommended but I disagree that with DD you will end paying a bit higher... infact DD charges is lower.
The Credit Card co/bank typically charges
3.5% + taxes as a Mark up for foreign currency transactions (say, 3.5% of 550 = approx. 20CAD$)... whereas the Bank's commission for issuing DD (say, 550 CAD$) is
much lesser than 20CAD$ ..atleast in Indian banks
The benefit of CC is instant notification of Application being Processed at CIO. DD holders have to wait till they receive PER mail, confirmation of DD payment from bank gets delayed as reconciliation at home branch with Canada takes lot of time.. upto 1 month... so DD will ensure peace of mind but butterflies in stomach whether Application is processed or not ;D
(Disclaimer: I applied using CC)
No ullu banaoing
Cardsman said:
A WORD OF CAUTION FOR APPLICANTS YET TO SUBMIT THEIR APPLICATIONS
For fee payment: Recommend using a Demand Draft (DD) instead of credit card as this would eliminate the possibility of your application being rejected owing to non payment of fees. It has happened quite often that the credit card issuer declines the transaction when CIC try to charge your card for the fees. I still remember a few applicants whose applications were rejected last year just because of this reason.
Though do bear in mind that you will end up paying a bit higher and that also upfront when applying for an International DD but at least this is what would ensure peace of mind and reduce the risk.