| What is a debit card?A debit card is one form of | | | | not be too easily viewable to others. What you can do |
| plastic money that is linked to your bank account and | | | | is instead of storing your PIN as just the four or five |
| is as good as cash. You can use it in merchant | | | | digit number you can make it look like a phone number |
| establishments and pay up or use it in an ATM to | | | | with the last digits the same as your PIN. Debit cards |
| withdraw cash.What are the ten words on using debit | | | | and personal finance advice are good instruments for |
| cards and personal finance advice? | | | | people who are in the habit of overspending on their |
| A debit card is an excellent means to replace your | | | | credit cards. You can have the convenience of plastic |
| cash. It eases you off the burden of carrying cash and | | | | money and at the same time cut yourself off that |
| at the same time provides you with the convenience | | | | unwanted credit limit by developing a habit of using |
| of cash. Unlike cash you can keep track of the | | | | your debit instead of your credit card at all places. If |
| payments made through your debit card. This will help | | | | your debit card however is stolen it is relatively easier |
| in keeping track of your personal finances as you may | | | | to be used than a credit card. This is because you can |
| not remember where you spent that $18 last week if | | | | block your credit and stop payment in the case of a |
| they go from cash but you will have an entry in the | | | | credit card but as soon as the debit card is used the |
| bank if you spend it through the debit card. You must | | | | money in your account is gone and therefore the first |
| handle the PIN number and identification details | | | | thing that you should do if the debit card is stolen is to |
| carefully. Most people are in the habit of storing their | | | | call up your bank and inform them and stop the card |
| pins in their mobiles. While it is good to store the pin in a | | | | transactions immediately without doing anything else. |
| place that you can later retrieve from easily it should | | | | |