Is an On board intergrated Intel graphics with an Intel H61 Express chipset any good for a graphics card or would i be better off with an AMD Radeon HD 6530d Graphics card

Radeon HD 6530d is the better one of the two.
it is always better to have a independent video card then the onboard video chipset, because the onboard chipset uses the ram from the motherboard and a independent video card has its own ram to use and never uses the systems ram. so all in all, your computer will run games better with a independent video card then a onboard chipset.