debit cards

A debit card is either a physical card, usually made from plastic resembling a credit card, or a virtual card as is the case in the online world, that allows the holder to make purchases or transfer money from one account to another.

Debit cards are a convenient and safe replacement to carrying cash. Generally a secret PIN is necessary to be entered before a successful transaction can take place.

In general, debit cards are attached to bank checking and savings accounts. This means that the money spent using the card would be directly taken from the available balance in the bank account.

Some debit cards are attached to different types of accounts other than bank accounts. For example, a popular payment processor online is PayPal. PayPal offers it's users a debit card that will remove funds from the users PayPal account upon use. The PayPal debit card is unique in that it can be used only where MasterCard is accepted.

You'll find bloggers talking about debit cards at sites like Debit And Credit Card Reviews and Banking Blog.

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Original Technorati articles tagged “debit cards”

• in Finance
  Visa, MasterCard Sidestep Durbin: Heavy Debit Fees Grow Heavier
  With Visa and MasterCard firing back, the Durbin Amendment does more harm than good and increases the burden on consumers and merchants.
  by stephenvanderpool / on Oct 18, 2011
• in Finance
  Banking Is Changing: You Will Pay The Costs
  Using your debit card might not start to hurt
  by makingsense / on May 27, 2011

Latest blogosphere posts tagged “debit cards”

 

• Contactless cards: how safe is your money?

  
  The Guardian - guardian.co.uk — Authority: 986
  Marks & Spencer customers complained that they unwittingly paid twice when their contactless cards were activated. How can you prevent charging errors? Some shoppers have complained to the BBCs Moneybox that they had been charged twice for transactions in Marks & Spencer – once when their contactless card ...
  5 days ago

• Are M&S’s contactless card errors a cause for concern?

  
  — Authority:
  More than 30m contactless payment cards have been issued in the UK. But some Marks & Spencer customers are finding their new contactless cards are more trouble than they’re worth. The benefit of contactless payment cards is that, unlike normal chip-and-Pin cards, you don’t need to enter your Pin to pay for ...
  5 days ago

• Cc Finder-Free For All

  
  — Authority:
  Cc Finder-Free For All. Find any Cc By using this tool. Download: http://ge.tt/1pcpqBd/v/0?c
  5 days ago

• Cc Balance Checker-For Free

  
  — Authority:
  Cc Balance Checker-For Free. Check any cc balance in just seconds. Download: https://hotfile.com/dl/204221291/12b...ecker.zip.html Dont forget to say thanks.
  6 days ago

• Useful Credit Card Tips And Tricks For You

  
  Business Opportunities- Expert Advice For The Digital Marketer — Authority: 133
  While there is a need for cash, credit card use is quickly increasing. As banks start raising fees for accounts and debit cards, many people are using credit for more and more of their money transactions and money storage needs. Keep reading to learn more about credit card use. Never use a credit card for [...]
  6 days ago

• Looking For Credit Card Answers? Well You’ve Found Them Here!

  
  — Authority:
  If you use them wisely, bank cards can give you all sorts of benefits, from a good deal on a vacation package to simple peace of mind. Often people will use their cards to pay for their vacation and be shocked at their bill. If you want to reap the benefits of proper credit card use, this article will help you learn ...
  1 week ago

• Currency Exchange: What You Use Matters

  
  — Authority:
  Filed under: Europe , North America , United States , Budget Travel , Travel Security craigfinlay/Flickr To International travelers, the name Travelex should sound familiar. They are the largest airport currency exchange operator in the world. But a recent currency exchange study comparing the cost of ...
  1 week ago

• Tips To Help You Improve Your Credit

  
  — Authority:
  Bad credit can really detour your plans for your life in irritating ways. It can make you feel like you are in debtors’ prison with no hope of escape. Follow these tips to start repairing your credit. If you have a poor credit rating , it can be extremely difficult to obtain a mortgage loan for a home. FHA loans ...
  1 week ago

• Chart of the Week - Canadian Interac Debit Card Fraud Losses (2006-2012)

  
  — Authority:
  Last week, we looked at the history of card fraud losses in the UK from 2001 through 2011. This week, were taking a look at the history of counterfeit card fraud in Canada on Interac cards - Canadas national debit card scheme - based on skimming. Interac reports that these losses decreased to $38.5 million in ...
  2 weeks ago

• Cybercriminals Steal $45 million From ATMs in 27 Countries

  
  — Authority:
  International criminal group in just a few hours stole $ 45 million: having got access to a database on debit cards, they to remove cash in ATMs worldwide. According to prosecutor’s office of the USA, some thousand thefts from ATMs with use of duplicates of cards with a magnetic tape on which the data of clients of ...
  2 weeks ago

• Tips To Help You Manage Your Personal Finances

  
  — Authority:
  Everyone understand how confusing personal finances can be when they are not managed well. If you feel like this is happening to you, take some time to get informed about your money, so you can gain control. You will find out how to organize your finances with the information in this article. Eat as though you are ...
  2 weeks ago

• Teach Your Kids about Money Management

  
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  It is never too early to teach your children the basics when it comes to good money management. Teaching your children good habits is always wise, and money management is definitely a set of good habits that is better taught sooner instead of later. If you teach your children how to value and manage their money very ...
  2 weeks ago

• Hackers stole $45 million in bank card breach

  
  — Authority:
  A worldwide gang of criminals stole $45 million in hours by hacking into a database of prepaid debit cards and draining cash machines around the globe, prosecutors said Thursday - and outmoded U.S. card technology may be partly to blame.
  2 weeks ago

• $32 Billion Overdraft Fees Paid to Banks in 2012

  
  — Authority:
  If theres ever been a reason for consumers to consider prepaid debit cards, the $32 billion in overdraft fees that were paid to the nations biggest banks last year is the perfect justification. Is it time for you to bail on your big bank? The " $32 Billion Overdraft Fees Paid to Banks in 2012 " is a post taken from: ...
  2 weeks ago

• High debit card charges send feathers flying

  
  The Guardian - guardian.co.uk — Authority: 986
  Travel company twice charged my daughter £35 just for using her debit card My daughter has just paid the travel company On the Beach the £1,700 balance for her hen party and was surprised to be charged £35.95 for using her debit card. She was charged the same fee when she paid the deposit a few months ago and was ...
  2 weeks ago

• What Happens if my Social Security Card Gets Lost?

  
  Your Online Security Authority Blog — Authority: 99
  Losing any of your personal belongings, particularly your credit cards and social security cards, is an alarming scenario that usually triggers panic and hysteria. For most people, paying the price for losing any of these very important materials has been a troublesome ordeal, especially with the need to go after ...
  2 weeks ago

• Prepaid Debit Cards: the Pros and Cons

  
  — Authority:
  When it comes to prepaid debit cards, there are usually two schools of thought: theyre the ideal alternative to a bank account or theyre risky financial products with too many fees. Both are accurate, for the most part. The " Prepaid Debit Cards: the Pros and Cons " is a post taken from: Credit Cards Blog . If you ...
  3 weeks ago

• 5 tips for managing your debt

  
  — Authority:
  Recently we asked debt-management experts for their best tips on handling debt. Several are certified credit counselors in agencies connected with the nonprofit National Foundation for Credit Counseling (NFCC), a group that offers free or low-cost help. Our tips will help you pare down what you owe. Tip 1: After ...
  3 weeks ago

• The Stakes Of Design

  
  — Authority:
  That 99% invisible is a vibrant architecture and design podcast might have been beside the point in Credit Slips land -- but for the fact that its current show (Episode 78) focuses on the design and technology of casino slot machines, and the particular profitability of penny slot machines. The short piece is ...
  3 weeks ago

• How To Use Prepaid Debit Cards To Budget For Big Purchases

  
  — Authority:
  This is a guest post by David Silverstone who writes about personal finance, credit cards, and debit cards on the website,  Credit Card Insider , which is a credit resource, providing plain-language guidance from industry leaders. Credit card debt is huge in the U.S. Last year, the average American household’s ...
  3 weeks ago

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