Yes, you do. A debit card is linked to a bank account - so that you can only 'spend' what money is already in the associated account. (ie - you cannot go overdrawn on the card). A credit card is different - it's like a short-term 'loan' that you pay back. You can 'spend' using the card - up to its limit - whether there's any money in your bank account or not.
Your credit history is what is important. If you are overdrawn or have been over drawn many times and the bank is charging you penalties it will hurt your chances of getting a credit card. If you have a credit line that protects your checking account like I do you just start drawing on that and it won't hurt your credit report.
Maintenance of an account in the bank which has issued the card is not a pre requisite for applying for a credit card. Having an account with the card issuing bank is essential for debit cards. Nandkishore Sharma
No, a credit card is not needed to sign into Bank of America. One can have a checking account, a savings account, or other business with Bank of America without having a credit card.
No.
Yes, you do. A debit card is linked to a bank account - so that you can only 'spend' what money is already in the associated account. (ie - you cannot go overdrawn on the card). A credit card is different - it's like a short-term 'loan' that you pay back. You can 'spend' using the card - up to its limit - whether there's any money in your bank account or not.
Your credit history is what is important. If you are overdrawn or have been over drawn many times and the bank is charging you penalties it will hurt your chances of getting a credit card. If you have a credit line that protects your checking account like I do you just start drawing on that and it won't hurt your credit report.
checking from bank fund & credit card prepaid by credit
Maintenance of an account in the bank which has issued the card is not a pre requisite for applying for a credit card. Having an account with the card issuing bank is essential for debit cards. Nandkishore Sharma
No, a credit card is not needed to sign into Bank of America. One can have a checking account, a savings account, or other business with Bank of America without having a credit card.
No.
It depends on who's credit card. The numbers are your bank account, the date the credit card is validated for.
A credit card number is a unique representation of a network (credit card network), a bank (issuing bank) and an account number (specific to account holder) combined to represent a unique representation for an individual with credit.
A "credit" card is a credit card.A prepaid credit card (secured) is not tied to a bank account and therefore while, like a debit card, you can only spend to the amount it has been loaded with (it will not provide credit), it is not a true debit card which IS linked into a bank account.
Yes
No - in most cases. As long as the credit card issuer can determine your credit worthiness, it doesn't matter where your bank account is. There is one exception. If you apply for a secured credit card, you must keep a 'security deposit' of a certain amount in the institution chosen by the credit card issuer (usually their own bank).
It's a debit card since the money you pay with is directly transfered from your bank account to the receiver's bank account.