Tags Credit and Debit Cards Credit

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Finance

What is a debit card?

Updated: 9/11/2023

Wiki User

∙ 8y ago

Best Answer

A debit card takes the money out of an existing account.

A credit card, on the other hand, allows you to borrow money (which must be repaid) by paying someone (the loan) directly.

Wiki User

∙ 8y ago

Still curious? Ask our experts.

Chat with our AI personalities

Rafa

There's no fun in playing it safe. Why not try something a little unhinged?

Chat with Rafa

Maxine

I respect you enough to keep it real.

Chat with Maxine

Ezra

Faith is not about having all the answers, but learning to ask the right questions.

Chat with Ezra

Add your answer:

Earn +20 pts

Q: What is a debit card?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Finance

Is Mastercard a debit card?

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

How old do you have to be to get a visa debit card?

11, I'm 11 and i have a Visa Debit card with Lloyds TSB, a proper visa debit card.

Can you transfer cash to a debit card?

Yes, you can transfer cash to a debit card by depositing money into your bank account linked to the debit card.

Can you get a loan with a rush card its a debit card?

There are debit card loans, but they are basically payday advances.

How do I sign my debit card, with a pen or electronically?

You can sign your debit card with a pen.

Related questions

debit card?

Debit Card vs Credit Card

Debit?

Debit card

Where is the roll number on a debit card?

where is the roll no on a debit card

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

History of Credit card and Debit card?

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.

Where is your debit number on your debit card?

The last four numbers on your card

Where can you find your account number for your debit card?

at the back of the debit card

How old do you have to be to get a visa debit card?

11, I'm 11 and i have a Visa Debit card with Lloyds TSB, a proper visa debit card.

Can you transfer cash to a debit card?

Yes, you can transfer cash to a debit card by depositing money into your bank account linked to the debit card.

Can you get a loan with a rush card its a debit card?

There are debit card loans, but they are basically payday advances.

What can you use a Mastercard debit card for?

Just like a regular debit card. A MasterCard debit card can be used in any purchase wherein a debit card can be accepted. They provide an added convenience in online shopping.

Trending Questions

Why was my credit card declined for non-sufficient funds (NSF)? Is the Burroughs Corporation stock certificate from 1986 still worth money? how long does it takes for grant money to be received? What does it mean by "name on card"? What is special about Key Person Insurance? What does the inside of an ATM looks like? Is it possible for a 16-year-old to get a car loan? Advantages of Instant Messaging? What is the best loan for a homeowner? What happened to gate city life insurance co? What is the Banco De Oro Swift Code in Paseo Gil Puyat? Can we claim a home loan in the USA for a property in India? Is 840 good credit score? Do you have to pay back FAFSA money if not used for school? What is the purpose of the Australian stock exchange? What are some benefits of debt loan consolidation? What is the process for filling out a W4 form for a second job? Are all US banks FDIC insured? How many insurance brokers are there in the UK? What is a credit privacy number?

Still have questions?

imp

Previously Viewed

What is a debit card?

Unanswered Questions

Does Coin8 have any undisclosed charges? Describe a real life example of adaptation in an animal and how it helps it survival? How to read books based on history? What factors determine the shipping cost at DHL Chennai? What are the key factors that influence SEO rankings? Where can I find Women's Trendy Tops? What Is the Cost of MCA Online? How can assignment writing services improve your grades effortlessly?

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.