Phrases with «debit account»

A "debit account" refers to a type of bank account where the money comes out of the account when you make a purchase or withdrawal. It is the opposite of a credit account, where you borrow money to make purchases and pay it back later. With a debit account, the funds are immediately deducted from your account balance. Full definition

account (parent phrase)
debit (parent phrase)

debit account

Related phrases

to debit one's account
debit card account

one's debit card account

account debit

Sentences with «debit account»

They will ask permission to automatically debit the account for the monthly payment. (growingfamilybenefits.com)
Using continuous payment authority, the repayments will come out of the customer's debit account automatically on their specific pay date. (wizzcash.com)
If two attempts to collect the money were unsuccessful, the lender could not make any more attempts to debit the account without authorization from the borrower. (debt.org)
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Phrases with «debit account»

Related phrases

Sentences with «debit account»

See also