Debit Cards<br />01<br />The main points you should know about debit cards.<br />Key Points<br /><ul><li>What are Debit Cards?</li></ul>Have a brief knowledge about the debit cards.<br /><ul><li>What are the Benefits of Debit Cards?</li></ul>Know the different benefits that a debit card can give to you.<br /><ul><li>How to Use Debit Cards?</li></ul>Find the list of right ways on how to use debit cards.<br />
What are Debit Cards?<br />02<br />Introduction about debit cards.<br />Debit Cards<br />A debit card is much different than a credit card. You do not have to apply for credit when you get one, which means that your credit history has no bearing on your acceptance. <br />This is not a short-term loan like you get with a credit card since it is linked directly to your bank account and is treated the same way as cash.<br />If you do not have the money in the bank, then you cannot make your purchase.<br />
What are the Benefits of a Debit Card?<br />03<br />List of benefits that a debit card may give to you.<br /><ul><li>Able to reduce the risk of getting in to credit card debt, by ensuring you’re spending your own money, and not over-extending yourself by getting a credit card balance you may not be able to repay.
Any purchase that you make on your card is covered and protected by VISA’s Zero Liability policy
It’s a lot more convenient, easier and safer than carrying cash or using your EFTPOS card.
Access your transaction records for your card online instantly through internet banking.
You don’t need a good credit history. When applying for a VISA Debit Card, the banks don’t do a credit check, making the application process fast (and painless!).</li></li></ul><li>Debit Card Fees<br />04<br />Information about the fees of a debit card.<br />While there are fees associated with a debit card, they are very low when compared to the fees you would have to pay with a credit card.<br />If you need to go to an ATM to withdraw money for instance, you will not be charged the large fee that you would be charged if you used a credit card for a cash advance.<br />Fees are always very modest with debit cards, and the best debit card is one that comes with a minimal fee attached to it.<br />
Best Debit Card<br />05<br />What is the best debit card?<br />ANZ Access Advantage card<br />This card is the most recommended as one of the best debit cards. It is a straightforward and simple account which you can use for your everyday purchases and savings. For a limited time you will get a free debit card that is linked to your account from Visa.<br />