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Debit cards don't usually have a limit ! A debit card is usually 'tied' to a bank account - the only 'limit' - is the balance of available funds in the account.
A debit card has no limit - except the amount of money in the bank account that's linked to it.
Can a cash advance be deposited on a prepaid debit card?
You must have enough cash in your bank account to cover the cost of the purchase when you use your debit card ( some banks limit the amount that you can pay for with a debit card also )
You will need to ask your bank as the limit varies per bank. I once had one where I could set the limit and I chose to have no limit. The bank I am with now has a limit of $300 on all account holders. You can , however, have an establishment run the card as a credit card if you do want to go over the limit set by your bank.
Debit cards don't usually have a limit ! A debit card is usually 'tied' to a bank account - the only 'limit' - is the balance of available funds in the account.
A debit card has no limit - except the amount of money in the bank account that's linked to it.
Can a cash advance be deposited on a prepaid debit card?
You must have enough cash in your bank account to cover the cost of the purchase when you use your debit card ( some banks limit the amount that you can pay for with a debit card also )
You will need to ask your bank as the limit varies per bank. I once had one where I could set the limit and I chose to have no limit. The bank I am with now has a limit of $300 on all account holders. You can , however, have an establishment run the card as a credit card if you do want to go over the limit set by your bank.
Cash advance can be given by using a valid, voided, check, a bank account, and check stubs from work. Using just a US direct express debit card alone is not enough to take out a cash advance.
bank of america
This can vary from bank to bank. Some banks will give you notice, but some view it as your responsibility to keep updated information about your card.
Theoretically no, although it's rare for a bank to issue a debit card to someone under 16 (in the UK). A debit card doesn't require a credit check, nor does the holder need to be employed in order to get one. A debit card can only be used if there are already funds in the associated bank account. Think of a debit card as 'electronic cash'.
A debit card - is the equivalent of 'electronic cash'. Whereas with a credit card - you spend up to your limit,then pay it back over a period of time (while accruing interest) - a debit card is only usable up to the balance of the bank account linked to it
There are many bank card services available with the Bank of Montreal debit cards. One of the biggest bank card services available with the Bank of Montreal debit card would be the ability to use ATMs.
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.