what are they? Are they cards that I can use for like the amount I have in a bank if i were to get an account? To they cost extra?
Any help appreciated thanks!
2006-12-14 14:27:38 · 4 answers · asked by B 3 in Business & Finance ➔ Personal Finance
Debit cards are free, always, from your bank. However, some merchants will charge you to use the debit card.
They are a direct link to your checking account, and you use them with a PIN. When you use your PIN, the money is immediately deducted.
If you go over the amount in your account, you will be charged overdraft fees by the bank...about $30 a pop.
Most debit cards have Master Card or Visa logos. You can purchase things by your signature, but again, you must have the money in your account for the transaction to go through. When you use your signature to make a purchase, the money comes out in 3 days.
2006-12-14 14:33:51 · answer #1 · answered by Anonymous · 0⤊ 0⤋
A debit card is a card used to use money from your checking account.Like a check card, instead of using cash or a check, you can use your debit card which take money right from your checking account. It's safer than cash. If you lose your card, just call your bank and have them cancel it right away. Than they will send you a new one. And they are free.
2006-12-14 22:35:10 · answer #2 · answered by The Creative One 3 · 0⤊ 0⤋
You've got it. There is not extra fee for the card, unless you spend more than you have in the account. In that case, you would get charged an overdraft fee.
2006-12-14 22:39:43 · answer #3 · answered by Mariposa 7 · 0⤊ 0⤋
how much is the debit cArd
2014-09-17 22:57:59 · answer #4 · answered by joanne o 1 · 0⤊ 0⤋