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What else can I help you with?
What is a debit fee?
It's when you use your debit card to buy something and they charge you an extra "Debit fee" just to use your card.
When do debit card transa transactions take effect?
A debit card is as good as cash. Transactions made by debit card can appear on the same day the sale took place.
Can I use a debit card in Canada for making purchases and transactions?
Yes, you can use a debit card in Canada to make purchases and transactions.
What is of these is not an example of a type of fee that a credit card company might charge?
A credit card company typically charges fees such as annual fees, late payment fees, and cash advance fees. However, a fee for using a debit card is not an example of a fee charged by a credit card company. Debit card transactions are processed differently and usually do not incur the same types of fees associated with credit cards.
Can you use a debit card in Canada for making purchases and transactions?
Yes, you can use a debit card in Canada to make purchases and transactions at most retailers and ATMs.
I'd like to know why it is when I want to use my debit card I am told by cashiers that it must be used as a charge?
The banks charge the retailer a higher fee for each debit transactions than they do for a charge... Conversely, the banks encourage consumers to use debit cards for transactions because they make more in fees.
Can you track debit cards?
Yes, debit card transactions can be tracked by the bank or financial institution that issued the card.
Do debit card transactions go through immediately?
Yes, debit card transactions typically go through immediately, deducting the funds from your account at the time of purchase.
Do debit card transactions post on weekends?
Yes, debit card transactions can post on weekends, but the exact timing may vary depending on the bank's processing schedule.
Is Visa a credit card or a debit card?
Visa is a payment network that processes transactions for both credit and debit cards. It is not a specific type of card itself, but rather a company that provides the infrastructure for card transactions.
Can the bank see what you buy with your debit or credit card transactions?
Yes, banks can see the details of your debit or credit card transactions, including what you buy, where you buy it, and how much you spend.
How does having a debit card declined affect my credit score?
Having a debit card declined does not directly affect your credit score because debit card transactions do not impact your credit history. Your credit score is based on your credit card usage, loan payments, and other credit-related activities, not on debit card transactions.
