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A debit card is a payment device, typically issued under an international bank card mark such as Visa or Master Card, that allows people to use the card at any place accepting cards under that logo, where the user of the card can access a pre-deposited amount of money.

It allows you to access the money in your checking or savings account electronically to make purchases.

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Jameson Hauck

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Q: Is the best description of a debit card?
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Which of the following is the best description of a debit card?

It allows you to access the money in your checking or savings account electronically to make purchases.


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The best feature of standard chartered credit and debit card is the EMV chip


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Where can one obtain a debit or credit card?

If your cerdit is good, your bank can issue a debit card (they are not "sold").


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Do I have to pay for my debit card even though I've never used it?

This depends entirely on the banking institution that the debit card is carried under. There are a number of banks which offer a no fee debit card, and if a person hardly uses these, then these types of banks would be best for them.


What is a common function of the debit card?

A common function of the debit card is as an ATM card.


Is Mastercard a debit card?

no, it is a credit card. a mastercard can be either a debit or a credit card


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Debit cards were introduced in 1977-1978. Master Charge, now called Master Card had a debit card called Signet. Visa's debit card was called Entree.


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