Donate SIGN UP

Debit Cards

Avatar Image
Bobbyjo | 17:33 Mon 08th Aug 2005 | Business & Finance
2 Answers
What is the difference having a Debit Card or a Cash Point Card
Gravatar

Answers

1 to 2 of 2rss feed

Best Answer

No best answer has yet been selected by Bobbyjo. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

A cash point card can only be used to take money out of a 'hole in the wall'

 

A debit card can be used to pay for goods in a shop as well as taking money out of the hole in the wall

Debit cards are far more confusing as you can spend money that you don't have with them, use them online, over the phone, in person, etc. etc.

You can also have payments that are akin to having a direct debit. e.g. a subscription to pay for internet access that goes out automatically each month but specifically through your card.

Much more confusing than just going to a cash machine with a cash point card and getting a tenner.

1 to 2 of 2rss feed

Do you know the answer?

Debit Cards

Answer Question >>