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- Dictionarydebit card
noun
- 1. a card allowing the holder to transfer money electronically from their bank account when making a purchase.
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Jan 8, 2024 · Debit cards are payment cards that reduce the need to carry cash or physical checks to make purchases. You can use debit cards at ATMs to withdraw cash. Debit card purchases...
Jul 12, 2023 · A debit card is a plastic payment card that provides the cardholder with electronic access to their bank account. Debit cards allow cardholders to make purchases and withdraw cash from ATMs by directly debiting the associated account, rather than borrowing money from a credit card issuer.
A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back.
Sep 19, 2023 · Debit card definition: A debit card is a payment card that lets you make secure and straightforward purchases online and in person by drawing money directly from your checking account.
Mar 6, 2023 · A debit card is a card you can use for payments and withdrawals at an ATM. You may hear people refer to a debit card simply as a bank card. Your debit card will be linked to an account — your bank or credit union checking account for example, or an account you hold with an authorized online provider.
Apr 19, 2022 · Definition. Debit cards function like credit cards when making purchases, but the key difference is that funds are drawn directly from a bank account. Learn how to use them.
Mar 9, 2022 · What Is a Debit Card? Debit cards are issued by your bank and work as a combination ATM card and credit card. However, unlike a credit card, a debit card links directly to your...
A debit card is a payment card issued by your financial institution, usually in conjunction with a checking account. While it looks like a credit card and may bear a major credit card company logo such as Visa or Mastercard, a debit card actually works like a check.
a small plastic card used to make a payment by taking the amount of the payment automatically from your bank account: The supermarket takes debit cards, credit cards, cash, and checks.
A debit card pays for transactions with money you already have in an account, while a credit card effectively picks up the tab and sends you a bill later. After buying something with your debit card, your account balance will decrease by the amount you just paid almost immediately.
