In simple terms - a debit card is 'electronic cash'. You can only pay for things with a debit card as long as there is enough money in the account that's linked to it. Once the cash is spent, the card will be rejected.
How long does a person have to revoke a deposit onto a debit card, after it has already been taken out of the checking account?
no, a debit card is a 'bank card' or 'atm card'... it's a card that's directly related to your bank account. When you charge a purchase to your debit card, money comes directly out of your bank account, whereas a credit card is paid off in installments at your discretion with an interest rate. So you don't have to pay right away (like you do with a debit card) but it may end up costing you more in the long run.
As long as you have money in your checking account, you are able to use a debit card in an ATM machine. Keep in mind though that you are charge for the transaction.
It can take anywhere from 5-10 business days. Depends on the bank.
Yes as long as you have the money in the account connected to the debit card.
Yes, you can pay 10,000 with your debit card as long as you have sufficient funds in your account to cover the transaction.
In simple terms - a debit card is 'electronic cash'. You can only pay for things with a debit card as long as there is enough money in the account that's linked to it. Once the cash is spent, the card will be rejected.
As long as you have a debit or credit card. Then you will have the ability to create an account.
How long does a person have to revoke a deposit onto a debit card, after it has already been taken out of the checking account?
If the card is a simple debit only card it does not expire. If it has a credit card logo on it (Visa or Mastercard) then it is a combination debit/credit card used places that don't accept plain debit cards and it has an expiration date on the front under the account number.
no, a debit card is a 'bank card' or 'atm card'... it's a card that's directly related to your bank account. When you charge a purchase to your debit card, money comes directly out of your bank account, whereas a credit card is paid off in installments at your discretion with an interest rate. So you don't have to pay right away (like you do with a debit card) but it may end up costing you more in the long run.
As long as you have money in your checking account, you are able to use a debit card in an ATM machine. Keep in mind though that you are charge for the transaction.
Yes - because a debit card can only be used IFthere are funds in the bank account to cover the transaction. I use debit cards myself - instead of carrying large sums of money. So long as I have funds in my account to cover purchases on the card, the transaction is accepted.
YOu can get a debit card as long as you have a bank account attached to it. My 14 year old has a debit card (check card) and I deposit her allowance directly into her bank account. It is easier than giving her cash and she keeps up with her account balance so that she doesn't overdraw on her account. yes, im 13 and my dad is getting me a debit card from tuxedo at master card. you have to be 18 to get a credit card. the good things with debit cards is that you cant go overdrawn with them its much better than a credit card!
Yes, it is generally safe to use a debit card for autopay as long as you monitor your account regularly for any unauthorized charges and ensure that the website or service you are using is secure.
Yes obviously. You get the number of your debit card, it is the 16 long digit number. it's on the front of your debit card