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How to Use a Debit Card

How to Use a Debit Card PhotoToday, many individuals use the debit card to settle some payments. Using a debit card for such purpose is really convenient and fast. The card is just like the credit card but this debit card is linked to your bank account such as a checking account or savings account. Everytime you use the debit card, the amount paid for would be deducted from your fund. Compared to using a credit card, this minimizes accumulation of debt. When you want to use a debit card, here are some ways to do it.

Apply for savings account with debit card

Go to your chosen bank and apply for a savings account. There are some banks that provide both passbook and debit card for easy handling of money. With the use of the debit card, it is much easier to withdraw cash when you need it since you don’t have to withdraw over the counter.

Activate your debit card

After you receive your debit card from the bank, ask about how to activate it so that you will be able to use it when you need to. There are instructions provided along with the debit card and you can also call the assistance center of the bank to give you a detailed guide on how this process would be accomplished.

Ensure sufficient funds

The use of a debit card requires funds since payments would be subtracted from the existing fund source. To avoid any problems with the cashier as you pay for items, you have to make sure that your savings account contains adequate funds. To maximize your card, you have to check and make sure that your fund is not below the payment that you will have to settle.

Be aware of your card’s PIN

You cannot use your debit card when you don’t know its personal identification number or PIN, usually comes with four digits. When you receive your debit card, it already has a preset PIN but you can change this to a combination of numbers which you can easily memorize. It is important that you keep your PIN to yourself. Others should not know your debit card’s PIN.

Use in establishments accepting debit card

There are now many establishments that allow the use of a debit card as mode of payment for the purchases made. In department stores, pharmacies, appliance centers and others, they can simply take your debit card when you pay for the items you purchase and swipe the card via the card reading machine. You will be prompted to enter your PIN and the amount will be deducted from your fund if the transaction is approved.

Monitor purchases made using the debit card

It is important that you track the expenses you have made through your debit card. If you are not able to do so, then you will be surprised that you have spent all that you have saved in your bank account.

The use of a debit card is really getting popular. Many shoppers are enjoying the convenience that it offers since there is no need to bring a large amount of cash, especially for the big purchases that you will make.