how debit card is used?

Answer 1

a debit card is usually linked to your checking account and affiliated with say, mastercard or visa. every time you make a purchase by swiping this card, the funds are withdrawn from your checking account. generally a debit card can be used just like a credit card, although its worth noting that there are some instances where a debit card may not be accepted. best to carry a credit card or cash as a back-up, just in case.

Answer 2

When you have a checking account and would like to have a more convenient way of using funds instead of going to a bank or atm to take out cash you usually have the option from your financial institution to get a visa or mastercard debit/check card. When using the debit/check card at a place of business you have the option to either put in your PIN (personal identification number) as debit or to chose the credit option which NORMALLY requires a signature. Most debit/check cards that have point plans where you can earn points for travel, merchandise, cashback, etc require you to only use the credit option. Each time you use said debit/check card it will automatically deduct funds available from your checking account. THIS IS NOT A CREDIT CARD EVEN THOUGH YOU HAVE THE OPTION TO CHOOSE CREDIT IT IS NOT THE SAME THING!!!

Answer 3

The details vary depending on your counrty and banking system but basically a debit card allows you to make payment to a seller directly from the funds available in your bank account. Because you are using your own money, you don't incur an interest charge as is the case with a credit card. However, there is usually a small fee each time you make a transaction. In the future you may be able to store value on a 'smart card'.

Answer 4

The use of a debit card is effectively the same as writing a check. You make a purchase, and the amount of the purchase is deducted from your checking account. Debit cards are much more flexible because you can use them wherever credit cards are accepted.

Answer 5

A DEBIT card is your ATM card. It is linked to your checking or savings accounts with your bank. When you use it, you are using your own money in paying for something, instead of charging the money on a CREDIT card and paying interest on the loan.

Answer 6

the debt card in our state (Texas) is a very usable tool for making purchases. When you use it here they will ask credit or debit, you should tell them credit, If you use it as a debit card then they have a ser-charge, but as credit not. It is still taken out of your account used either way

Answer 7

The money comes out of your checking account, but you use it as if it were a credit card.

Answer 8

Very carefully.

Answer 9

You swipe then you use your pin