2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
To ensure safe, fast and convenient access to funds in your accounts, a debit card is issued. As a rule, such a card is issued free of charge, and it differs from a credit card only in that you do not need to pay interest. The deposit card does not contain the bank's money, but the depositor's own funds. It is enough to choose the appropriate bank where the debit card is opened. What it is, they will help you figure it out in a branch or on the bank's website.
Debit card benefits:
- the ability to replenish your account at any time, including through online systems;
- payment for any goods and services through online stores;
- opening deposits with the ability to accumulate interest and profit from them;
- free issue of two or more additional debit cards;
- payment for all online payments;
- access to internet banking and all your accounts.
The choice of a debit card begins with an analysis of banks and their possible offers. Any financial institutionthey will offer several types of debit cards, tell you about each of them and help you make a choice. However, it is better to be personally aware in advance of what a debit card should be, what it is, what it is for. Typically, the card is used for online shopping, withdrawing money from an ATM, or paying for goods in stores. Many banks introduce a special program of bonuses and various discounts. Paying with such a debit card, you can get good discounts in shops, restaurants, cafes, cinemas and beauty salons. For example, Alfa-Bank has been successfully issuing the Cosmopolitan card for a long time.
Debit card charges
To issue a debit card, some banks may charge a monthly fee, or it may be a certain percentage of the issue. Depending on the validity period of the card, its functions and capabilities, the number of discounts provided and the category of customers, the price set by a particular bank is formed. For example, to issue a regular Sberbank card, you will need an amount of around 300 rubles, but for a card of the same Alfa-Bank (Cosmopolitan) the price per issue starts from 600 rubles and more.
Compulsory payments
After it becomes clear what a debit card is for, what it is and what types it is, you need to figure out the necessary payments that the bank can charge, namely:
- annual payment for ready service;
- depositing funds for issuing a card;
- cash withdrawal fee,and in other banks it can be twice as much;
- charging a commission for paying for goods and services.
However, these sanctions do not apply to all debit cards. Some financial institutions only charge a fee for issuing, and then the client can dispose of his funds as he likes, without paying extra money. When you choose debit cards, reviews will help you make the right choice faster. Many customers are happy to share their impressions of the quality of using a particular card of a financial institution. It is clear that the most profitable e-wallet is a debit card, that this is the best means of controlling your income and expenses.
Recommended:
The most profitable bank for a loan: which one to choose? Tips for borrowers
When applying for a consumer loan, the bank plays a key role. The lender is responsible for the terms of the loan, including the interest rate. Not wanting to overpay, borrowers are looking for the most profitable bank for a loan. Depending on the type of loan, the leaders of the lending market differ
NPF: which one to choose? Rating, reviews
Which NPF to choose? Russian NPF yield rating: which fund is the leader in the country's pension market?
What types of mortgages exist and which one is better to take
Every person dreams of their own square meters. Having a personal "corner" is wonderful. But not everyone has enough money to buy it. Or funds are available, but not for the option that I would like to purchase. In this case, a mortgage helps out. Today there are several types of loans. Each is good in its own way. And, since the topic is relevant, it is worth talking about it in more detail
Which is better to issue a debit card: choice of bank, conditions, advantageous offers
Every year, cash transactions are becoming less popular and are giving way to non-cash payments. Recently, more and more people are faced with choosing the best debit card with the best conditions
Which pension fund to choose: reviews, rating. Which non-state pension fund is better to choose?
The pension system in the Russian Federation is built in such a way that citizens independently decide where to direct their savings: to form the insurance or funded part of payments. All citizens had the opportunity to choose until 2016. For two years in a row, the ability to distribute savings has been suspended. For all Russians, deductions from wages (22%) form the insurance part of the pension. Therefore, the question remains, which pension fund to choose to fulfill these tasks: public or private?
