A debit card allows the account owner to access their funds electronically. Debit cards may be used to obtain cash from ATMs or purchase goods or services using point-of-sale systems. The use of a debit card involves immediate debiting and crediting of consumers’ accounts. Debit cards are attached to checking accounts or other transactional accounts.
The article may contain affiliate links from one or more partners. Learn how we make money to continue our financial wellness mission.