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You can deposit money into an account that is accessed by a debit card. Also, if you are refering to a prepaid card the answer is yes as well. The exact method varies by the type of card.
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Can money from a cash advance be deposited on a prepaid debit card?
yes as its cash.
Can a cash advance be deposited on a prepaid debit card?
Can a cash advance be deposited on a prepaid debit card?
Is transferring money a debit or a credit?
technically its probably a debit transaction since debit is when the money is directly removed form your account and deposited to who ever needs to be paid. by the card and bank companies
Which of these is one way that credit cands differ from debit cands?
Credit cards allow you to borrow money from the card issuer. A debit card requires you deposit money with the card issuer, and the money is then deducted at the time of the transaction from the amount deposited.
Is my bank to blame for letting funds go out of my account on a cancelled debit card?
Yes, if the money was withdrawn using the cancelled debit card after you cancelled the card. No, if the money was withdrawn to cover a check written against the same account as the cancelled debit card, but deposited after the debit card was cancelled.Given all the nefarious crap banks wedge into the fine print, it wouldn't surprise me if they had some way of getting out of taking responsibility.
Will you be able to take your money off your e1 debit card the same day its deposited?
You will be able to take your money off your E1 debit card the same day it's deposited as long as the money has gone through your bank.
Can money from a cash advance be deposited on a prepaid debit card?
yes as its cash.
Can a cash advance be deposited on a prepaid debit card?
Can a cash advance be deposited on a prepaid debit card?
Is transferring money a debit or a credit?
technically its probably a debit transaction since debit is when the money is directly removed form your account and deposited to who ever needs to be paid. by the card and bank companies
Does my money go straight on my debit card when i get paid?
If you have direct deposit for your pay, those funds will be electronically deposited to your bank account at midnight the night before pay day. If your debit card is tied to the account where your pay is deposited, then it will be immediately available for you to make purchases or ATM withdrawals using your debit card.
Why are use for debit and credit?
When you use a debit card, it uses the money you have deposited in your account to make payments. When you use a credit card, the bank lends you money to make the payment, and you have to pay it by the end of the month (with interests).
Which of these is one way that credit cands differ from debit cands?
Credit cards allow you to borrow money from the card issuer. A debit card requires you deposit money with the card issuer, and the money is then deducted at the time of the transaction from the amount deposited.
Is my bank to blame for letting funds go out of my account on a cancelled debit card?
Yes, if the money was withdrawn using the cancelled debit card after you cancelled the card. No, if the money was withdrawn to cover a check written against the same account as the cancelled debit card, but deposited after the debit card was cancelled.Given all the nefarious crap banks wedge into the fine print, it wouldn't surprise me if they had some way of getting out of taking responsibility.
The purpose of a debit card is to?
It saves people the trouble of writing checks. You are not being loaned money, you are simply drawing upon an account in which you have previously deposited money.
Why are debit cards called debit cards?
in the language of bank and other financial institutions debit means withdrawl. so by naming debit card as debit card bank says '' it is a card by using which u can do any purchases and in return we will debit ur bank balance by that amount. so in debit card u are not borrowing cash from bank (as u do in credit card), but u are using your own money which u have earlier deposited in bank. so in short: debit card is a card by using which u are debiting ur bank's credit balance.
Can you take money from your debit card?
Yes as long as you have the money in the account connected to the debit card.
What is a description of a debit card?
A debit card is a payment device, typically issued under an international bank card mark such as Visa or Master Card, that allows people to use the card at any place accepting cards under that logo, where the user of the card can access a pre-deposited amount of money. It allows you to access the money in your checking or savings account electronically to make purchases. a+^
