Debit Cards

Debit and prepaid debit cards make it easy to make purchases with money drawn from cardholders’ bank accounts or funds that have been loaded onto a card. The simplicity of these cards has made them a preferred payment method for millions of Americans.

Checking Basics

What is your available balance?

Your bank accounts have two separate balances: the current balance and the available balance. Here’s the distinction.

3 min read

Latest Articles

  • Pay more, get more debit rewards

    Bankrate’s Debit Card Study shows free rewards programs lag in benefits, and those with fees give better rewards.

    4 min read Oct 08, 2007
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  • How safe is your bank?

    Check the financial health of a bank, thrift or credit union before you give them your money.

    2 min read Oct 01, 2007
  • Check card problems to watch for

    Overdrawing your account and daily usage limits are two potential problems to pay attention to with check cards.

    4 min read Mar 12, 2007
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  • Suspicious Activity Reports: Terrorism and you

    It seems bizarre that anyone should worry that paying off a legitimate debt through legitimate banking channels could land them in trouble with the Feds, but that’s the thought crossing many minds as [...]

    8 min read Jun 28, 2006
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  • Burned by bad check? Fight back

    If you deposit a bad check into your bank account, you’ve lost that money. Here’s how to fight back.

    5 min read Oct 04, 2005
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  • Float and Check 21

    Thanks to Check 21, the old-fashioned float is disappearing, and that could cost you big in bounced checks.

    3 min read Apr 07, 2005
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  • Chapter 6: Banking institutions

    What’s the difference between a commercial bank, a credit union and a thrift? Which one is right for you?

    1 min read Apr 01, 2005
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