Practical tips for using your debit card

Using your debit card in Right Way

Debit cards work similarly to credit cards, except that allow debit cards to withdraw money directly. In a bank account In other words, if you use a debit card to get the money you've already done. The use of charge card debt can help prevent the costs and risks that can end up costing you money.

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Regularly check your balance

As debit cards to withdraw money from a bank account, you cannot take the money you have in your account. Based on your bank account may incur from your bank. Many banks can control, which can make it easier for tabs on how much money you have to spend to keep. Bank also offers overdraft protection to protect against the cost if you attract and accidentally exceed the balance

Cancel Cards after lost

Debit cards and credit cards are easily lost. If you lose your debit card, call the bank and cancel the card as soon as possible. Unlike credit cards, it can be difficult to do because the money is debited from your bank account directly. Back fraudulent debit card charges for this reason, consider using a credit card instead of a debit card for normal use and purchases on-line and then use the debit card to pay by credit card.

Destroy old cards

If you are not using a particular card or receive new cards in the mail, destroy your old cards. The new debit cards, the new expiration dates and security codes, but the card number will be the same.

Make a note of the PIN

Debit cards allow users of a personal identification number (PIN) to be entered to withdraw money from an ATM. Set up a PIN as soon as you receive your debit card number and commit to memory. Bankrate recommends that users of debit cards never have to write the pin number on their cards.

Keep your card in a safe place

You have to treat it like cash. Your debit card, you probably would not leave $ 3,000 in cash on the counter, but that's basically what you do when you leave your credit card at the counter, with a check for $ 3,000. Hold the card with you in your wallet or purse when you are out and put it in a safe deposit box, drawer or other place tucked away when not in use. Don’t leave the card where where others can see it.