Obtaining a debit card
Posted on Sep 14, 2000 08:15:27 AM
Debit card – this is the payment documents in the form of a plastic card issued by a bank to its depositors for cashless payment of goods and services, at which the funds immediately withdrawn from the account holder of the card.
Debit and credit cards differ in that the credit card we “pay later”, but on the debit we “pay now”. Paying for purchases on a debit card, you spend money directly from your personal bank account.
Unlike credit cards, balance on the debit cards should always be positive, ie can not spend more money than there is on the map. Also part of the money is blocked as a guarantee of the bank.
In order to get a debit card, you must have a bank account, which it will match. At the opening of the most common form of bank accounts, namely, “Current Account” (also known as “personal accounts”), provided a debit card to access the account.
Checking account gives the holder unlimited access to his account at any time of day and night: to make money, cash withdrawals and execution of bank transfers. In many cases, the account gives the holder the possibility of obtaining credit.
You must confirm your monthly income to the bank so that it can process your application for opening an account. Some banks will open an account you will be asked to pay an initial fee, which will be equal to the cost of providing a debit card. At the discretion of the bank, people with negative credit history can be refused to open an account.
Typically, the account can be opened without paying a fee for opening an account, however, may require additional payments to the account: in the form of commission for an annual account maintenance fee for the transfer of money from the account and the account (within the bank and other banks) for the removal of Cash over the counter or use the ATM.
Most banks will offer you a choice of currencies, which will be opened by, for example, U.S. Dollars, Euros or dollars.
Debit cards have a certain type of payment, depending on the type of card: normally a Visa or MasterCard (Electron, Cirrus and Plus, etc.). This allows the holder to withdraw cash at ATMs, make purchases and pay for services in places where this type of card is accepted.
Many banks have special offers to attract customers is to them. One way could be the provision of free debit card.
bank account,- Refunds on the map Service cash back
- Withdrawals from a locked card
- Refunds for merchandise purchased by credit card
- Types of bank cards
- Choosing a credit card