Is it possible to open a savings account at an average bank and be issued a debit card with bad credit?

Answer 1

Absolutely, DEBIT CARD, implies that you have money already in the bank. A debit card just takes money out of your account, YOUR MONEY. In fact, if you have bad credit, like me, then that is probably the best place to start if you are trying to rebuild your credit, which you should be trying to do. Now a CREDIT CARD means you will be spending money that you don't have, but using a credit card also means you are promising to pay when the bill comes in the mail. That's the piece of paper that changes colors the longer you ignore it. Alot of credit card companies will give anybody a card. I mean ANYBODY. Theoretically, my cat could probably get a credit card ( she would probably have a higher limit than me too!). Usually in that situation, they start you out with only a 200 dollar limit. But that's more than enough to dig yourself into a deep hole if you arent careful. That's what the credit card companies want, they want to keep you as a slave to the bank. So be careful, pay your bills on time and go head and rebuild that credit. GOOD LUCK.