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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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Aug 13, 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...
Apr 13, 2023 · Discover more in detail about what is a debit card & how to apply for debit cards. Learn more about meaning, types, advantages & disadvantages, at Upstox.com.
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.
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.
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.
Feb 5, 2024 · A Debit Card is a card issued by the bank where you have your bank account. This card allows you to make transactions in your bank account. It allows you to withdraw cash, make online as well as contactless transactions and even deposit cash through machines in your bank account. What is Debit Card number?
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 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 is a card that allows the cardholder to transfer money electronically from their bank account when making any kind of purchase. You can enjoy electronic access to your bank account anytime and anywhere using a debit card.
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.
