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Debit Card Meaning. Definition of debit card. This facility can be availed by any customer having a bank account.
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This account will not show up on your credit reports and it will have no effect on your credit scores. The debit card on the other hand will connect to your personal checking account and it will draw money directly from that account to pay for purchases. Debit card - a card usually plastic that enables the holder to withdraw money or to have the cost of purchases charged directly to the holders bank account magnetic stripe - a short strip of magnetic tape attached to a credit card or debit card.
A debit card is a card that empowers the clients.
The meaning of DEBIT is to enter upon the debit side of an account. The last number of debit card is known as Check Digit. The new card will come with new details. There are different types of debit card it is vital to understand the aspect of each card.