Banking

Debit cards allow you to make purchases online or in-person by deducting money from your checking account. You can easily withdraw cash from your bank’s ATM network. Debit cards are a convenient and secure tool, and getting one is pretty simple. So, are you wondering how to get a debit card for the first time? […]

What should you do if your debit card hasn’t arrived yet? If your debit card hasn’t arrived yet, you should first check with your bank on its expected delivery date. Verify it wasn’t lost or stolen in transit and then ask how you can access your money without a debit card in the meantime.  Waiting

Why should you never use your debit card? You should never use your debit card due to minimal fraud protection, ease of overspending, and lack of credit building. Debit cards access your money from your account, whereas credit borrows money from lenders. Therefore, any money stolen is your responsibility. Debit cards are a convenient way

Whether you’ve lost your I.D., your wallet was stolen, or you never had a U.S. government I.D. in the first place, you’ll be pleased to learn that all is not lost. You can get a debit card without an I.D., depending on your situation: If you already have a checking account, you can call your

Are debit cards also credit cards? Debit cards can be processed as credit cards by a merchant, but to the consumer, a debit card is not also a credit card.  While debit cards look nearly identical to credit cards, both in the amount of card numbers, the signature space on the back, the chip and

What should you do if you receive a debit card you didn’t apply for in the mail? Call your bank immediately if you receive a debit card that you didn’t apply for. The bank will be able to clarify why you received the card or tell you if it’s a scam. The new debit card

To write a letter to your bank for a debit card, include the following items in your letter: The date of the letter  The branch manager’s name or the name of the person you’ve been told to contact The bank name The address of the branch that you use A subject line that reads “New

Can a debit card be used as an ID? Typically, debit cards cannot be used as an ID, especially when making purchases that have an age requirement, such as alcohol, tobacco, or lottery tickets. For certain applications, debit cards may be used as secondary forms of ID, but not primary forms.  Certain purchases or applications

Do debit cards show your age? Debit cards used in the United States do not indicate your age. However, having a debit card indicates that you are old enough to hold a checking account. Most debit cards are issued for individuals over the age of 12, but as young as 6 in some cases. We

Credit card vs. debit card: What are the main advantages and disadvantages of using either? Credit cards can be more convenient since you have more time to pay. You also typically have greater fraud protection and perks. However, you may also have to pay interest charges and could get into debt. Credit cards are the