When you see something you want to buy, you can swipe it just like a credit card. If you need cash you can get it from any ATM or any merchant who offers a cash-back option. The funds are deducted from your account immediately, so you don't have to worry about paying it off later. It's like a credit card and a checkbook rolled into one!
Debit Card
Summary
- Accepted by most businesses
- More secure than cash, safer than a check
- More convenient than writing a check
- Works like a credit card
- Funds deducted automatically
- No finance charges or monthly payments
- Get cash from ATMs
- Daily point of sale limit is $1,500