debit cards

Checking account access

Debit cards are payment cards linked directly to a bank account, withdrawing funds immediately rather than extending credit.

Unlike credit cards, you spend money you already have: I use my debit card for everyday purchases so I don't overspend.

Most debit cards work at ATMs for cash withdrawals and at point-of-sale terminals for purchases.

Opposites
funding source

debit cardscredit cards

Borrowed-money payment tools

charge cards · lines of credit · buy now pay later · financing · loans

payment modernity

debit cardscash

Ready spending funds

paper money · coins · currency · hard currency · banknotes

transaction timing

debit cardsinvoices

Itemized payment demands

accounts payable · deferred payment

Family

card, debt, debit, debit card, debited, debits, debiting

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G