Credit CardsMonthly Interest Rate Card Holder Agreement Balance Transfer Fee Co-Branded Cards Master Card Cash Advance Facility
Debit Card
A Debit card is a valuable financial tool that allows you to access your bank deposits for payment anytime, anywhere. This card functions similarly to an ATM card, but with the added convenience of making purchases directly from your bank account. Unlike credit cards, which have a pre-set spending limit, the Debit card's limit is determined by the available balance in your account. As a result, it encourages responsible spending and eliminates the risk of accumulating debt. With its immediate debiting feature, the Debit card provides a quick and hassle-free payment option for your daily transactions.
Related terms
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