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What exactly is a debit card ? A debit card is a payment card that pulls money straight from your checking account each time you buy something or withdraw cash. A debit card is a convenient financial tool for managing everyday expenses. Linked to your checking (also called debit ) account, it gives you instant access to your own funds, making everyday spending simple. Each purchase or ATM withdrawal immediately reduces your balance, so you can only spend what you have. You can use the card to ... What is a Debit Card? A debit card is a payment card issued by banks that allows customers to withdraw money from ATMs and make payments at POS (Point of Sale) or online, directly from their bank account. Learn about debit cards : definition, types, how they work, pros, cons, and useful tips for secure usage. Get informed and make smart financial decisions. A debit card is a card that lets you access your checking account directly and make purchases or withdraw cash. Learn how debit cards work, what fees they may have, and how they differ from credit cards.
