Debit Card

What is it? A type of card that gives you electronic access to your money. Although it looks like a credit card, it is more like using cash or a check to pay for your purchases. Funds are immediately withdrawn from your bank account--there is no float on your money. You may not get the same protection from problem products or stolen cards that you get with a credit card. Debit cards are usually easier to obtain than credit cards and more commonly accepted than checks.

Added By: Caden

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