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Debit Card Meaning. Debit card definition a plastic card that resembles a credit card but functions like a check and through which payments for purchases or services are made electronically to the bank accounts of participating retailing establishments directly from those of card holders. There are different types of debit card it is vital to understand the aspect of each card.
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A credit card is used to make a purchase by borrowing money. The different types of. A debit card is defined as a payment card that draws money directly from your checking account.
A card like a credit card by which money may be withdrawn or the cost of purchases paid directly from the holders.
Normally speaking a debit card is a charge card means there should be balance in the respective account and to that effect debit card can be allowed to be swiped or used. How to use debit in a sentence. Dreaming that someone else is applying for a debit card means that you are worried about that person. A debit card is used to make a purchase with ones own money.
