Debit Sentence Examples
When you have business overdraft protection, then the money transfers automatically to your bank account to pay a check or to allow you or your employee to use your debit card, even if you have a $0 balance in the bank.
It works similarly to a bank debit card.
Debit cards eliminate concerns about Identity Theft.
Spending control - The card works just like a traditional debit card and you can only spend what you have.
They are therefore answerable for all payments, including those made by Direct Debit.Advertisement
Standard Card - Just as the name implies, this is the most standard debit card that can be had.
With a prepaid debit card, the spending limit is firmly established.
These types of accounts are similar to debit cards in the fact you can only charge the amount that you have deposited into these accounts.
Put the debit card away, and be ready to use fabric, color, and DIY skills to put together the perfect Dr. Seuss nursery for a new baby.
By paying with your Visa or MasterCard bank-issued debit card, you can wire money anywhere in the world and the intended recipient can pick it up at any nearby Western Union location.Advertisement
These cards are unlike debit cards because they can be used in more locations than just ATMs.
Additionally, unlike a debit card, you sign for purchases rather than use a pin number.
With a debit card, consumers can use electronic payments as a form of cash anywhere debit cards are accepted.
Platinum Card - This card gives you the highest level of benefits that can be had with any debit card.
It sounds like a great idea; a prepaid debit card combines the convenience of not carrying cash with the benefit of not incurring debt.Advertisement
However, prepaid debit cards come with a variety of hidden fees.
Below are a list of frequently used terms and fees that may be deducted from the debit card's balance.
A convenience fee is assessed by merchants each time a debit card is used.
It is meant to offset the bank's cost for processing a debit card transaction.
Loading, reloading, and value loading are terms used to describe adding funds to the prepaid debit card.Advertisement
Utilizing a prepaid debit card is not a simple, straightforward transaction.
This makes it important to carefully study the terms of service and list of potential charges before choosing a prepaid debit card.
Below is a table identifying potential fees that may reduce the cost-effective use of a prepaid debit card.
A debit card requires money to be available in the bank account to which the card is attached.
A Personal Identification Number (PIN) is needed to make a purchase with a debit card.Advertisement
With a debit card, you can take cash out of your account from either an ATM machine or from the merchant accepting the card.
If you notice your debit card is missing or your account has questionable charges on it, report it immediately.
The debit card can be used at a variety of merchants both in the United States and abroad.
Debit cards can be used anywhere the Visa or MasterCard logo are displayed.
You can also forget about carrying around several additional forms of identification when you use a debit card.
Debit cards can also be used anywhere the Visa or MasterCard logo is shown, including many international merchants.
Contact your bank's fraud liability policy before you begin using any debit card.
Finally, remember a debit card is linked to your checking account- if fraud occurs it may drain all of your funds.
When you get a checking account, you often get a debit card as well; many times these debit cards have the Visa or Mastercard logo on the front.
With the introduction of the debit card, many shoppers no longer carry around checkbooks.
Navy FCU offers two different types of debit card products to members.
You don't have to track your purchases like you do with a debit card.
Prepaid cards go beyond the prepaid debit cards which are quickly becoming a common sight in people's wallets; you can use prepaid cards for specific purchases such as gas, cell phone calls, and even cups of coffee.
Many prepaid payment cards look just like regular debit cards.
Prepaid debit cards are appropriate as gifts, for traveling, and as reloadable budgetary tools.
The Ultimate Debit Card is a prepaid, re-loadable debit card offered by the Toronto based company Netco Teller.
Netco Teller offers its Ultimate Debit card to a variety of different markets in Canada.
Consumers may obtain this debit card either on their own, by linking it to a personal bank account, or through their employer.
Your pay is "deposited" to your debit card instead of your personal bank account.
You may link a personal bank account to your debit card if you choose to do so.
Use this debit card anywhere you see an Interac, Cirrus or Maestro logo.
Payroll is deposited to individual employee debit cards as opposed to issuing paper checks.
Netco offers businesses the ability to have their corporate logo printed on its debit cards.
As a merchant, accepting the Ultimate debit card offers many advantages.
Insurance companies can have their company logo printed on their debit cards as an effective marketing tool.
Governments can use this debit card for a variety of purposes.
Overall, this debit card offers many of the same benefits as the hundreds of other prepaid re-loadable debit cards offered industry wide.
Most bank issued debit cards have zero fraud liability or a cap on the amount of consumer responsibility of around $50.
Internet purchases have gone high tech with the virtual Visa debit card.
A virtual Visa debit card is just that, it is virtual.
You will not receive this debit card in the mail; instead, you receive all of your card information through e-mail.
Once your application is processed, a 16-digit debit card number is e-mailed to you.
If a virtual Visa debit card sounds like your kind of debit card, keep a few things in mind before you purchase one.
Debit card purchases are growing at a rate of 50% per year.
Although Simon-sponsored malls pepper the country, this card can be used anywhere a Visa debit card is accepted.
The Simon card can be used at any establishment that accepts Visa debit cards.
Although the card works like a regular debit card, special considerations must be made since it is a prepaid card.
Exchange National Bank is located in Kansas, but offers prepaid Visa debit cards online.
There is an extensive list of reliable prepaid debit gift card providers on the Visa website.
If you fall into this category, your first step should be to transition into making daily purchases using a debit card or cash.
You will be able to accept debit cards, which have the Visa or MasterCard logo.
Gasoline cards are similar to gift cards for retailers or prepaid debit cards.
You can alternatively purchase a prepaid debit card and use it for gasoline purchases, but many prepaid debit cards won't work at the pump so you will have to pay inside the station.
Prepaid debit cards are usually accepted anywhere debit cards are accepted, so they make ideal alternatives to carrying around travel cash.
Usually these cards do not have a significant amount of money loaded onto them, but they are free nonetheless.Do not pursue membership into a program or service simply to get your hands on a free prepaid debit card.
This situation is more like a gift card than a prepaid debit card.
Prepaid debit cards feature balances loaded onto the card by the purchaser.
Some companies allow cardholders to replenish their balances, while other prepaid debit cards are only good for as long as the balance lasts, and then they are deactivated.
Prepaid debit cards may not work when attempting to pay for gas at the pump.
Most prepaid debit cards cannot be used for recurring scheduled payments.
The Rush Visa card, officially called the RushCard, is a prepaid debit card that gives convenient access to your money.
You can use it anywhere a Visa debit card is accepted.
Russell Simmons, the founder of Baby Phat Fashions and Phat Farm, offers this prepaid debit card.
The RushCard incorporates the advantages of a prepaid debit card plus added safety, convenience, money management and access to your funds.
Make purchases anytime, anywhere that Visa debit cards are accepted - at retailers, online and over the phone.
Washington Mutual once offered Visa debit cards to account holders, but a few years ago switched to MasterCard.
This does not mean that Washington Mutual offers no Visa cards whatsoever, but account holders approved for a debit card will receive a MasterCard.
Washington Mutual is a well-known bank within the United States, and it is one of the largest issuers of debit cards among the nation's banks.
While the CashPoints Debit Card can only be used with merchants participating in the Interlink point of sale and ATM system, the NCSECU Visa Check Card can be used with any merchant accepting Visa cards.
Some prepaid gas cards work much like gift cards for retailers or prepaid debit cards, except that they are used specifically at gas stations.
Debit card applications may also be denied if the member's checking account is not in good standing.
To request a debit card through Score FCU, members can fill out an application online or submit a request in writing through a local branch.
Prepaid Visa debit cards offered to members through Harland Clarke Corp are not products directly distributed by Score FCU.
Members can obtain prepaid debit cards by visiting a local branch or requesting a prepaid debit card using the link on the main Score FCU website to Harland Clarke Corp.
Chase Bank gift cards are prepaid debit cards featuring the Visa logo.
They are highly affordable and provide individuals with flexibility, since they can be used any place that Visa debit cards are used.
The activation process takes only minutes to go through, and once done, the card can be used anywhere that Visa debit cards are accepted.
The Citibank reloadable debit card is an ideal option for those who are looking for a flexible way to spend without using cash.
Like other reloadable debit cards, the Citibank card allows individuals (and employers) to deposit money onto the card.
One of the key benefits of a reloadable debit card is that it can be far less expensive to use than other financial products and services.
Many of these fees are avoidable when reloadable debit cards are used.
For example, the Citibank MasterCard debit card allows an individual to set up direct deposit through their employer so that their paycheck deposits right onto the card.
Once the money has been deposited onto the debit card, the funds may be used as the individual determines.
If the individual has a MasterCard logoed debit card the debit card can be used any place that MasterCard is accepted.
The use of debit cards like this can be a good thing.
The Citibank reloadable debit card can be used in other ways, too.
Use the reloadable debit card for children's spending needs, especially for college.
Many reloadable debit cards are given as gift cards that can be used anywhere the logo on the card (Mastercard, Visa or American Express, for example) can be used.
The Charter One debit cards give personal account holders and business account holders the ability to easily use the funds within their accounts.
Charter One also offers their members a variety of benefits for using their debit cards, depending on the type of card the individual has.
There are several benefits to using Charter One personal debit cards.
One of the key benefits is the Everyday Points system, which allows users of the debit card to earn and accumulate points anytime they use their debit card.
Another benefit of the personal debit card is that the card can be used for recurring payments.
Use Charter One Bill Pay, a feature of the debit card, to pay bills using your debit card.
Use the debit card online to make safe, secured purchases.
Obtain more than one debit card linked to a Charter One account to give others (such as a spouse) the ability to use the card.
Charter One also offers a debit card with many of the same benefits for Charter One business account holders.
To qualify for this type of debit card, you will need to have a business checking account with the bank.
This MasterCard debit card allows business owners to easily access funds in their business checking accounts.
The funds debit directly from the checking account at the time of purchase.
It is essential to know the terms and conditions of the Charter One debit cards prior to making a purchase using them.
The Walmart MoneyCard is a prepaid Visa debit card issued by GE Money Bank that allows people to pay with "plastic" without having to worry about getting caught up in debt.
They are also not the best choice for all consumers since they do come with several fees attached that are not present on traditional gift cards or debit cards.
Visa Buxx is a prepaid debit card which is specially designed for parents to give to teenagers.
Acceptance - Teens can use the card anywhere a Visa debit card is accepted including at retail stores, online and on the phone.
In this way, the card functions a bit like a standard ATM or debit card because you are spending money that you have already provided.
A reloadable debit card is one in which an individual may only spend the amount of money that has been preloaded onto the card.
Using this form of a debit card can be a wise decision.
The reloadable debit cards are readily available.
Consumers who wish to pay with cash are still likely to use a debit card from their bank rather than having cash on hand.
A Current Discover Card is a special debit card used for teens that features limited spending power.
If you opt out of overdraft protection for your debit card you can potentially save yourself quite a bit of money in overdraft fees from your financial institution.
On the other hand, you may find yourself in situations where your debit card is declined for a purchase transaction when your account does not have enough money.
This means that you have to specifically grant your financial institution permission to cover any purchase attempts with your debit card and charge you an overdraft fee as a result of the overdraft action.
Accountholders who did not realize their accounts had negative balances continued using their debit cards and kept getting fees, which oftentimes added up to a substantial sum.
Opting in allows the financial institution to pay your debit card transactions despite an insufficient balance in your checking account.
By not opting in, the only way you will be able to obtain cash from an ATM using your ATM card or debit card is by having the money available in your account.
A direct deposit debit card allows you a simple way to deposit money and access cash using your debit card.
A direct deposit debit card is simply a debit card associated with an account into which you have your paycheck or other funds directly deposited.
You will no longer need to go to the bank to cash your check or get access to your money, and you can use your debit card associated with the checking account to get cash out of an ATM or to make purchases.
If you have a debit card associated with a checking account, you generally are not charged any fees as long as you don't overdraw your account.
This means the direct deposit is free and you are given the debit card free as a feature of opening your checking account.
Some financial institutions may have requirements for the account to be free, such as keeping a minimum balance or making a certain number of charges on your debit card each month.
However, most financial institutions will not charge you anything for having an account with a debit card, especially if you have direct deposit linked to the account.
Set-off interest is in addition to overdraft interest which will apply if there is a net debit balance.
Will I need to apply for a new debit card to use RBS Secure?
The Citibank Plus Card cannot be used as a Debit Card or to withdraw cash from ATMs.
My other co-worker was busy looking for her debit card to pay her portion of the bill.
You can cancel a direct debit at any time by writing to your bank or building society.
They may be paid monthly by direct debit - a service charge is added.
This notice will inform members how much they owe or how much will be collected by direct debit over what period.
Payments made by monthly direct debit are subject to an interest charge.
Internal transfer A pension sharing order will create a pension debit against the scheme member in favor of the spouses pension rights.
Sainsbury's gives cashback on visa debit, switch and electron cards.
You will find plenty of banks with hole-in-the-wall cash machines, too, where you can draw Tunisian dinars on your debit card.
Will passive bookings be included in the debit memo program?
Neither do you pay standing order fees, direct debit fees or for fees on agreed overdrafts.
With Direct Debit you are guaranteed an immediate refund in the unlikely event of an error ever occurring.
This policy is automatically renewable each month, with the payment being taken by Direct Debit.
Talk Talk Are In The Middle Of Canceling My Contract And even told Me To Cancel My Own Direct Debit!
We do not debit your card until your order is ready for dispatch.
Streamlining of payment processes for CT & Rents more use of Direct Debit facilities.
Talk Talk Are In The Middle Of Canceling My Contract And Even Told Me To Cancel My Own Direct Debit !
We use a Metrocard - a debit card that is read by the turnstile entrance to the platforms.
Buyers have no such remedy when they purchase items through a prepaid debit card.
Be sure to review the schedule of fees associated with a debit card before making your purchase.
Opting out does bring the risk of having a debit card transaction declined in the event of insufficient funds in a checking account; however, it also means the accountholder will not encounter the fees associated with overdraft.
An alternative is to get a direct deposit debit card in the form of a prepaid debit card.
These cards are available from numerous financial institutions, and you may be able to arrange to have your paycheck directly added to the prepaid debit card if the card offers a direct deposit feature.
Creditcards.com offers a long list of prepaid debit cards which offer you a direct deposit option.
The downside to using a prepaid debit card with your direct deposit is that there are often fees associated with the card.
This isn't the same as a debit card, but it operates similarly to a debit card because you cannot charge more than the cash you have deposited.
You can then use the card any place that Visa debit cards are accepted.
Since it's a debit card, you can only make charges equal to the dollar amount you have preloaded to it.
To create a Walmart debit account, you need to either sign up online or visit a Walmart store.
Since the Walmart debit card is not linked to a checking account, you don't have to worry about any overdraft fees.
The Walmart prepaid Visa debit card is called the Walmart MoneyCard.
Use the card for purchases with any merchant where Visa debit cards are accepted.
Instead, it is a debit card that is managed by GE Money Bank.
Since it's a debit card, you can't make any charges on it that are in an amount greater than the money you have loaded on your card.
To find out more about this Visa debit card, you can either call the customer service number at 1-877-937-4098 or go online to the Walmart MoneyCard homepage.
The MoneyCard works like a Visa debit card.
Prepaid Visa debit cards work much like any other debit card.
Numerous companies now offer prepaid Visa debit cards, including Walmart, which calls its card the MoneyCard.
Look for debit cards that do not charge fees for using your money.
Outside of direct deposit, some of these debit cards allow individuals to load cash onto them at financial institutions, ATMs and even online by linking a checking or savings account to them.
Some debit cards eliminate their fees when an individual loads a significant amount onto the card and uses the card frequently.
There are numerous companies offering prepaid Visa debit cards.
Many people wonder, where can I get a prepaid Visa debit card, because they appreciate the convenience of having a prepaid Visa debit card on hand.
The advantages of getting a prepaid debit card are clear.
Having only a prepaid debit card can help to eliminate these problems.
Prepaid Visa debit cards work almost anywhere, at any place where you could use a regular Visa card, which makes them the perfect gift to give to the person who is hard to shop for.
These cards may also be called Visa gift cards, and they work in the exact same way as the prepaid Visa debit cards.
If a store, restaurant, or business accepts Visa, it will accept a prepaid Visa debit card.
This might have you wondering, where can I get a prepaid Visa debit card?
It is really simple to purchase a card and activate it, and you can even get several at once.You might be surprised to know that Visa debit cards can be found to specifically fit all kinds of needs.
Purchasing a prepaid Visa debit card online may be easier for you than buying one in person.
For more information about prepaid Visa debit cards, just call Visa's customer service line at (866) 511-GIFT to speak to a customer service representative.
The Visa Prepaid Debit card is perhaps one of the simplest tools to manage a budget.
Put as much money on the debit card as you would like to spend.
The cards work much like gift cards or debit cards from a bank.
If the balance isn't high enough, you can use them in conjunction with another form of payment, such as cash or a debit card.
Another offer from Continental Airlines is a debit card.
This Continental MasterCard debit card is not a basic debit card associated with a bank.
When you open a new Chase checking account and then use your Chase Continental Airlines Preferred Debit Card, you will earn 25,000 bonus miles.
You must make five purchases using the debit card to receive these bonuses.
In addition to this, you will earn one mile for each dollar you spend using your debit card on qualifying purchases.
Navigating prepaid debit card offers can be overwhelming.
With more people turning to a cash-based budget, debit cards have become popular.
As a result, providers have started to offer a wider selection of debit cards to consumers.
These cards allow users to draw on their own funds, which are held by the debit card company.
Many financial institutions offer debit cards to customers to use to access funds within checking or savings accounts.
To help accommodate those who do not have a bank account, some now offer debit card products to anyone.
To use those funds, use the debit card as you would any other card.
With so many types of debit cards available, it is necessary to compare offers from various providers before making a decision about which card is right for your needs.
Read the terms and conditions to determine the total cost of using the debit card.
When considering the various prepaid debit card offers available, take note of all details.
Some prepaid debit cards also offer rewards programs, including cash back.
These features of prepaid debit cards are subject to change.
As you scan through the prepaid debit card offers available, realize you can choose any card that is right for you.
The VyStar prepaid Visa debit cards, also called The RSVP cards, allow users to gain access to easier spending methods without having to go into debt.
This card is accepted any place accepting Visa debit.
This means you can use it wherever businesses accept Visa debit cards.
Users can make purchases online or over the phone if the company accepts debit cards.
Keep in mind that not all companies allow users to pay with debit cards.
Some do charge an extra fee for use of a debit card, even with the Visa logo on it.
VyStar prepaid Visa debit cards can help empower you to better manage your money.
Green Dot prepaid debit cards are one way to budget your money each month or to give someone as a substitute for cash.
Unlike some other prepaid gift cards, consumers can reload funds onto the prepaid debit cards as often as they would like.
The card provides users with a debit card with the owner's name on it to protect it from fraudulent use.
Why are these debit cards good for budgeting?
All you have to do is obtain the debit card and place only your budgeted monthly spending amount on it.
Getting funds onto the debit card is possible in several ways.
If you purchase these debit cards from brick and mortar retailers, you can use any type of funding the retailer accepts for purchases to load the card.
Before investing in Green Dot prepaid debit cards, consider the costs associated with these cards.
As you determine the best prepaid debit card for your needs, take these fees into consideration.
Debit cards are one form of funding people may take along when traveling.
According to one study released in March of 2008 by the Federal Reserve, the number of people who are using debit cards is increasing.
The study showed that Americans used debit cards 30.4 billion times in 2007.
In some cases consumers can use debit cards while traveling without any problem.
If you plan to use your debit card overseas, contact your financial institution prior to your trip and alert them of your travels.
With debit cards, the money leaves the account nearly immediately.
Before using debit cards while you travel, consider the risks and limitations these cards impose.
Car rental companies may not accept debit cards.
Most debit cards do not have any type of perk associated with them.
Because of these risks, you may not want to use your debit card when you travel.
Each of these options may provide better protection to travelers than a debit card.
Affinity debit cards help businesses establish strong brand image while providing consumers with a way to earn rewards.
These debit cards link directly to the consumer's checking account.
You may not realize the company's debit card offer is an Affinity card.
From a business's point of view, there are benefits to offering this type of debit card to customers.
Debit cards are growing in popularity as a payment option.
Companies can tap into the debit card industry by using Affinity cards.
Consider these factors before selecting a debit card.
For businesses and non-profit organizations, this debit card program can be a revenue-earning tool.
By becoming a partner, these organizations can offer the debit card payment option to customers or members.
The debit cards have the MasterCard or Discover logo on them.
This card can be used to withdraw funds in cash from an automatic teller machine (ATM) or it can be used to pay for items from retailers who accept Visa Debit cards.
You'll need an email address and your debit card.
You use the PINsentry reader card by inserting your debit or authentication card into the device before beginning a transaction.
They rank number two in home mortgage services, deposits, and debit cards.
Do you run to the bank, deposit all of the money, and use your debit card when you make purchases?
If you deposit all of your money into your checking account and use your debit card, you probably have a hard time remembering how much you have in your account.
If you have a debit card attached to your checking account, you can still use it.
Checking - If you want a debit card or use checks, a checking account is what you need.
When opening a new account, consider saying no to checking and debit options to remove much of the temptation to spend your money quickly.
The National Archives operates on a debit card system, where the research card can be used as a debit card.
Any amount left on the debit card is not refundable.
When the borrow needs access to the funds for whatever reason - gas, groceries, a night out on the town - they use a debit card which takes the money straight from the mortgage account.
You then use a debit card or checks attached to the HELOC to make your purchases.
When you make purchases with the debit card or checks attached to the HELOC, you are essentially borrowing from the equity in your mortgage.
They have done away with the cash, and now the game is played with a debit card that remembers you and keeps track of all your loot.
For example, the number of checks written per month, debit usage, ATM withdrawals, and other fee-based services are easy profit for a bank.
Request a complete list of fees that are charged on these accounts, including ATM and debit card fees."
Every negative must be balanced by a positive, and debit must be offset by credits.
This system used single debit entries that are not balanced by credits.
The bank provides two free debit cards with each HSA account, giving you easy access to your balance.
Exante Bank offers two debit cards at no charge fro each HSA account.
Each HSA account comes with two debit cards at no charge.
The funds can be deposited to your account electronically, or you can ask to have them loaded onto an unemployment debit card.
In Maryland, all unemployment insurance benefits are paid through a prepaid debit card issued through Citibank.
Using debit cards to make unemployment insurance benefit payments means that recipients get access to their benefits promptly without having to worry about checks getting lost in the mail.
Once the funds have been loaded onto the debit card, the recipient can withdraw them in cash from an ATM.
The card is also accepted anywhere Visa debit cards are accepted.
An individual who has been approved to receive benefits will receive a notice in the mail followed by a debit card within seven days.
The debit card is sent in a bright yellow envelope with a State of Maryland logo clearly indicated on its front.
To activate the debit card, the recipient must create a Personal Identification Number (PIN) by contacting Citibank directly using the telephone number listed on the documentation.
A person who is eligible to receive unemployment insurance benefits within the state of Maryland will have the funds deposited to his or her debit card account every two weeks.
If the unemployment insurance benefits recipient loses his job within a 24-month period after the debit card was issued, the same debit card will be used to make payments on the new claim.
Due to the fact that these fees are common amongst just about every prepaid, re-loadable debit cards available, and vary by card issuer, it is a good idea to shop around and compare fees before deciding on a card that suits your needs.