What Is A Debit Card. Part of a series on financial services. A debit card is a payment card that's typically linked to your checking account and can be used to make purchases using your available funds.
A monthly stipend, a debit card to buy food, and a student card to pay for cheaper transportation. Because the payment is deducted directly from a checking or savings account. These cards are distinct from credit cards in that they allow purchase based on available funds in the account to be deducted immediately.
A debit card is a plastic card that provides an alternative payment method to cash when making purchases.
Debit and credit cards offer more than a way to access money without having to carry around cash or a bulky checkbook. The money is automatically taken from your current account when you a credit card, such as barclaycard, isn't linked to your current account and is a credit facility that enables you to buy things immediately, up to. The notable difference is that when you buy something with a debit card, the money comes directly from your checking account. Your debit card also has a pin that can be used during transactions or when withdrawing.