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Debit Cards

Debit and prepaid debit cards provide convenient and secure payment options for consumers, allowing easy access to funds without the risk of accruing debt.

Explore debit card basics

Smiling businessman making payment with credit card
Debit cards can offer additional perks to help you save more of your money.
Man paying with credit card while shopping with woman at supermarket
Debit cards and prepaid cards can be used similarly, but debit cards tend to have fewer fees.
woman sitting on her couch and looking at her phone and credit card
Knowing your limit before making a purchase can help you make smarter decisions.

Use your debit card wisely

DEBIT

Where to avoid using your debit card

Just because you can use your debit card almost anywhere doesn’t mean you always should. Bankrate's experts keep you informed on the risky places to avoid swiping your debit card.

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Checking

Daily ATM withdrawal limits

It's important to know how much you can withdraw from your bank's ATMs in a given day to help you better handle financial emergencies that require cash.

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Available account balance vs. current balance

Understand the differences between the two balances you may see when looking at your bank account.

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BANKING

Checking account and ATM fee study

Maintaining a checking account with a debit card can come at a high cost. Learn how rising ATM fees and other banking fees are impacting consumers.

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Experts in all things banking

Our expert writers and editors bring you timely news and reliable information - backed by data and first-hand experience.

About Bankrate's team
Greg McBride

Greg McBride, CFA Arrow Right Icon

Chief Financial Analyst

Sarah Foster

Sarah Foster Arrow Right Icon

Principal U.S. Economy Reporter

Mark Hamrick

Mark Hamrick Arrow Right Icon

Senior Economic Analyst

Latest articles

Man renting a car at Hertz
Most rental car companies make you take extra steps to rent with a debit card.
Man paying with credit card while shopping with woman at supermarket
Debit cards and prepaid cards can be used similarly, but debit cards tend to have fewer fees.
Woman banking
Follow these tips for the lowest fees and highest rates when opening an account.
Pedestrians walking by TD Bank
Learn about the benefits of having multiple bank accounts and what to look for.
image of people lined up outside of silicon valley bank
Watch for these money headaches if your bank fails and no other bank takes over.
man buying concessions at the movie theatre
Prepaid cards can be used to make purchases, but you only have access to preloaded money.
person holding phone and debit card and appears stressed
Vivian Thornton received quite a shock when she logged onto her bank account and noticed an unfamiliar debit charge for concert tickets totaling more than $2,000. In fact, the hefty charge had brought [...]
A person takes a picture of a check.
Depositing a check using a smartphone is easy and can save you a trip to the bank.
Planning, finance and couple with paper and laptop for budget
Here’s what you need to know about this high-yield checking promo.
The IRS has more than $1 billion in unclaimed tax refunds for 2021
Get your tax refund faster and more securely by setting up direct deposit. Learn how to avoid common mistakes.
person standing next to bike and looking at phone
If you overdraw your account frequently, then overdraft protection could be a good way to avoid hefty overdraft fees.
woman doing headstand
Your bank accounts have two separate balances: the current balance and the available balance. Here’s the distinction.
Spend money, pay bills, write checks or make fund transfers with a checking account.
Electronic checks (eChecks) offer a digital alternative to traditional paper checks, allowing you to make payments directly from your checking account online. Learn how eChecks work, when to use them, [...]
man signing a check
That string of numbers at the bottom of your check is really important. Find out why.
Young smiling woman using mobile phone while working on a laptop at a cafe
Mobile apps make managing your money a snap and mobile alerts can help protect it.
Money next to flashing sirens
Over 1 in 3 people tapped emergency savings in the past year, per a new Bankrate survey.
Planning, finance and couple with paper and laptop for budget
Here’s what you need to know about this high-yield checking promo.
Woman on laptop with salmon-colored background
Here’s why financial literacy is important for women and how they can attain it.
Senior woman filling out financial statements
You can’t take it with you, so what happens to your bank account after you pass on?
man working on his laptop computer
Whether it’s a mistake made by the bank or you, here’s how to clear your report.
Woman Inserts Cash Into Wallet
If you think rates may rise again soon, a bump-up CD could be what you’re looking for.
The IRS has more than $1 billion in unclaimed tax refunds for 2021
Get your tax refund faster and more securely by setting up direct deposit. Learn how to avoid common mistakes.
Woman holding a credit card and looking at her phone
Events over the past half-century have helped to bolster women’s financial rights.
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