Function:
1 deposit and withdrawal. Debit cards mainly have the functions of local and foreign currency savings, time savings and current savings. Debit cards can be used to deposit and withdraw money at card-issuing bank outlets and self-service banks, or at ATMs in China and even around the world.
2 Transfer and remittance. Cardholders can transfer or remit money to other accounts through bank outlets, online banking, self-service banking and other channels.
3 credit card consumption. Cardholders can use debit cards to spend money at merchants.
4 collection and payment. Debit cards can be used to pay salaries and pay various fees (such as communication fees, water fees, electricity fees, gas fees, etc.). ).
5 asset management. Wealth management products, open-end funds, insurance, personal foreign exchange transactions, precious metal transactions, etc. You can sign contracts, trade and settle accounts through debit cards.
6 Other services. Many bank debit card services have expanded beyond financial services, such as providing airport VIP access and medical and health services for cardholders.
The biggest advantage of debit card is that it is easy to use, and you can also apply for powerful online banking. Cardholders can use it to pay water, electricity, gas and other utilities, and even handle various businesses such as bank transfer and bank wealth management products.
Debit card custody:
Debit cards, like cash storage, should not be placed at will, let alone lent to others. At the same time, attention should be paid to keeping the ID card and bank card separately to avoid being fraudulently used or forged when lost or stolen.
Extended data:
Application mode
1. Password type
You need to enter your personal password when shopping. Password debit cards are only applicable to merchants who have installed online POS machines. The terminal device provides a device for inputting a personal password.
2. Signature style
Just like using a credit card, you need to sign the receipt when shopping. Merchants who have installed online or offline POS machines can use signature debit cards.
Some debit cards are only suitable for password operation, while others are both password and signature.
The signature debit card is more flexible, and can be used even by merchants who have not installed password POS machines.
References:
Baidu encyclopedia-debit card