A bank card that holds the owner's own money is called a debit card. Almost everyone has one: we pay for purchases, services, withdraw cash from it and receive our salaries to its account. More about debit cards - in the material of the article.
Debit card types
The type of debit card depends on the payment system, its functionality and status.
The payment system is literally a provider (service provider) of card transactions: transfers, payments, cash withdrawals. Banks issue debit cards of the following payment systems (by popularity):
"VISA".
"MasterCard".
In terms of functionality, debit cards are divided into two groups:
1. Virtual (electronic such as https://askwallet.io/overviews/gohenry-overview ).
Mainly intended for making payments for goods or services. Withdrawal of funds is not provided. Small limits for daily and monthly operations (purchases, transfers).
2. Plastic.
In addition to payments for goods and services, you can use them to receive your salary and withdraw cash. Transaction limits depend on card status.
Debit cards are divided into the following according to their status:
Classic (standard).
Gold.
Premium (Platinum).
The higher the status, the more opportunities the cardholder has.
The expanded package of features and limits increases the maintenance fee.
Some banks issue (issue) special cards for different categories of customers:
Cards for pensioners.
Youth cards.
Cards for minors.
There are also named and unnamed debit cards (with the owner's name on the front or without it).