what is a debit card

Business · High School · Mon Jan 18 2021

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A debit card is a payment card that is linked to a person's bank account. When you use a debit card for a transaction, the funds are directly withdrawn from your checking or savings account associated with the card. Unlike a credit card, a debit card does not allow you to borrow money up to a credit limit; instead, it immediately deducts the purchase amount from your available balance.

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