Sentences with phrase «debited out of your checking account»

Most of us are familiar with debit cards, a card that is linked to your checking account, which allows transactions to be debited out of your checking account.

Not exact matches

Debit cards don't have the same effect, even if the purchase is coming directly out of your checking account.
The online - only bank offers a free Visa debit card as well as check - writing privileges, but you're limited to six transactions out of the account per month from checks, debit cards or online payments or transfers.
In the worst - case scenario, a debit - card theft could wipe out a cardholder's bank account, and if a checking account is linked to a savings account, victims could lose that money, too, says Jay Foley, identity theft expert and founder of the ID Theft Info Source, a consulting firm.
The holder of a checking account can also use electronic debit cards or ATM cards to access their individual accounts and make payments or take out cash withdrawals.
If your debit card is stolen, the money comes right out of your checking account.
With a debit card, it's your money that's gone out of your checking account.
We wrote it a personal check for startup capital, and since then, the LLC has paid all of its own bills out of its checking account (with associated debit card).
The online - only bank offers a free Visa debit card as well as check - writing privileges, but you're limited to six transactions out of the account per month from checks, debit cards or online payments or transfers.
You just use your credit card normally, and Debitize takes it out of your checking account like a debit card normally would.
Use your Debit Card as a Credit Card anywhere Visa is accepted with your money coming out of your checking account.
Debit cards do not require a monthly bill payment since the money comes right out of your bank's checking account.
You also will find great options like higher interest rates, more ATM locations, and the option to earn rewards when you use your debit card (check out some of the best online checking accounts to see which bank best fits your needs).
A debit card is linked to your checking account; debit card purchases automatically pull money out of your account.
A customer that opts out of overdraft coverage will have debit transactions either from an ATM, POS terminal, or check, declined if the transaction amount exceeds the available funds in the account.
Paying with a debit card means the money is taken directly out of your checking or credit union account.
Set up direct debit so that the minimum payment for all of your bills automatically comes out of your checking account.
Find out how to get a debit card for a new or existing Bank of America checking account.
Representing banks that are exposed to litigation arising out of their operations and relationships with customers, including claims for account fraud, check fraud and forged instruments, wire / electronic transfer fraud, credit and debit card fraud, ATM fraud, and for alleged violations of check - handling and security procedures.
Debit cards: Debit cards look similar to credit cards, but they draw funds out of linked checking or savings accounts, instead of the bank's good graces.
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