2006-09-14 16:52:28 · 12 answers · asked by stoneripple 2 in Business & Finance ➔ Other - Business & Finance
In the U.S. if it has a Visa or MasterCard symbol on it. You can choose credit and sign for it or choose debit and enter your pin. All ways come out of your checking account immediately. Some banks charge for pin transaction. Mine does not.
2006-09-15 02:28:45 · answer #1 · answered by webworm90 4 · 0⤊ 0⤋
Yes they can be used like credit cards but the difference is the debit card withdraws the money out of your account right away, unlike a credit card will bill you.
2006-09-14 16:56:43 · answer #2 · answered by Janet lw 6 · 0⤊ 0⤋
yes you can ...I would suggest you have a direct deposit to your checking and savings account, and a way to check into your account from home, the account must be set up so that if you become over drawn that it will automatically supplement from your savings, one draw back of a debit card is that when you try to use it to rent a car you must have 15% over the rental fees for it to be accepted. I use my debit as a credit card and it seems to be the safest. I know my limitations and it helps me stay in check with my finances...good luck.
2006-09-14 17:11:17 · answer #3 · answered by layawayDiva 1 · 0⤊ 0⤋
If your bank has set the card up like that, I know Bank of America cards can be used either way, but the money leaves your account immediately regardless. So as in the charges adding to a balance instead of subtracting from it, no.
2006-09-14 16:55:03 · answer #4 · answered by tucsondude 4 · 0⤊ 0⤋
Yes If it has the Mc or Visa logo. You can use your debit card to order merchandise on line or even book a hotel reservation.
2006-09-14 17:05:39 · answer #5 · answered by ROCKY5 2 · 0⤊ 0⤋
Debit cards the money is taken from your account immediately
2006-09-14 17:07:27 · answer #6 · answered by Angie H 2 · 0⤊ 0⤋
both are different,
debit card, you must have money in your bank account, immediately the amount will be debited from your account, it is limited to that money.
credit card, you can buy upto the limit given, it is not associated with your bank account, you can pay later.
2006-09-14 16:57:38 · answer #7 · answered by trysaran 5 · 0⤊ 0⤋
Yes
2006-09-14 16:55:05 · answer #8 · answered by Freesia 5 · 0⤊ 0⤋
Yes
i have one and i used it as both an eftpos and credit card
so it is possible
ask your bank if it's set up that way first ofcourse and get advice from them which is best but yes you can use it both ways
Dee
2006-09-14 16:56:38 · answer #9 · answered by Dee Dee 1 · 0⤊ 1⤋
yes but you have to make sure the cashier knows to push the credit card button if he or she doesnt then you will have to use a pin number..
2006-09-14 16:56:40 · answer #10 · answered by fa8354 1 · 0⤊ 0⤋