Definitions for debit card
debit card

Princeton's WordNetRate this definition:0.0 / 0 votes

1. debit cardnoun

   a card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank account

WiktionaryRate this definition:0.0 / 0 votes

1. debit cardnoun

   A card much like a credit card, but which takes money directly from the bank account, rather than borrowing money at a rate of interest, and uses a PIN instead of a signature.

WikipediaRate this definition:0.0 / 0 votes

1. debit card

   A debit card, also known as a check card or bank card is a payment card that can be used in place of cash to make purchases. The term plastic card includes the above and as an identity document. These are similar to a credit card, but unlike a credit card, the money for the purchase must be in the cardholder's bank account at the time of a purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase.Some debit cards carry a stored value with which a payment is made (prepaid card), but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on the Internet and there is no physical card. This is referred to as a virtual card. In many countries, the use of debit cards has become so widespread they have overtaken checks in volume, or have entirely replaced them; in some instances, debit cards have also largely replaced cash transactions. The development of debit cards, unlike credit cards and charge cards, has generally been country-specific, resulting in a number of different systems around the world, which were often incompatible. Since the mid-2000s, a number of initiatives have allowed debit cards issued in one country to be used in other countries and allowed their use for internet and phone purchases. Debit cards usually also allow an instant withdrawal of cash, known as a cash advance, acting as an ATM card for this purpose. Merchants may also offer cashback facilities to customers, so that a customer can withdraw cash along with their purchase. There are usually daily limits on the amount of cash that can be withdrawn. Most debit cards are plastic, but there are cards made of metal, and rarely wood.

ChatGPTRate this definition:0.0 / 0 votes

1. debit card

   A debit card is a payment card issued by a financial institution, usually a bank, to account holders as an alternative to carrying cash. It allows the user to withdraw money or make purchases directly from their bank account and transfers the balance electronically in real-time. Unlike credit cards, it does not provide credit, so the funds must be available in the account for a transaction to process. The card can be used at ATMs, retail stores, or for online shopping.

WikidataRate this definition:0.0 / 0 votes

1. Debit card

   A debit card is a plastic payment card that provides the cardholder electronic access to his or her bank account at a financial institution. Some cards have a stored value with which a payment is made, while most relay a message to the cardholder's bank to withdraw funds from a payee's designated bank account. The card, where accepted, can be used instead of cash when making purchases. In some cases, the primary account number is assigned exclusively for use on the Internet and there is no physical card. In many countries, the use of debit cards has become so widespread that their volume has overtaken or entirely replaced cheques and, in some instances, cash transactions. The development of debit cards, unlike credit cards and charge cards, has generally been country specific resulting in a number of different systems around the world, which were often incompatible. Since the mid-2000s, a number of initiatives have allowed debit cards issued in one country to be used in other countries and allowed their use for internet and phone purchases. Unlike credit and charge cards, payments using a debit card are immediately transferred from the cardholder's designated bank account, instead of them paying the money back at a later date.

Matched Categories

1. • Open-end Credit
   • Positive Identification

Anagrams for debit card »

1. bad credit

How to pronounce debit card?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say debit card in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of debit card in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of debit card in Pythagorean Numerology is: 3

Examples of debit card in a Sentence

1. Soubhik Mukherjee:

   My bank told me at the last minute that my debit card will not work everywhere in Thailand.

2. Laura Levine:

   Practice by using an app or student debit card. Teach on a smaller scale, within safety, but with the consequences of their actions, to gain your child's interest, make sure the kids are presented with the discussion in a way that speaks to them. In a way that they can see themselves in the example.

3. Steven Bertolino:

   While Brian Laundrie is currently charged with the unauthorized use of a debit card belonging to Gabby, Brian is only considered a person of interest in relation to Gabby Petito’s demise, at this time Brian is still missing and when he is located we will address the pending fraud charge against him.

4. Visa Inc:

   Instead of complying with the terms of the commercial agreement that the two companies negotiated and agreed to in 2015, Walmart is attempting to avoid its obligation to provide a signature option for their customers when paying with a Visa debit card.

5. Angela Sanford:

   Banks will send out text messages to families when the debit card is being used. Or they can set limits, so there are different ways to safeguard against some of these scams. And these kinds of things can be put in place earlier on, before the crisis occurs.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=debit card
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Debit_Card
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Debit_Card
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=debit card