Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Jane Meacham has nearly 40 years' experience researching, writing, and editing financial ...

A debit card is a payment card that lets you pay for purchases or withdraw money directly from your checking account in your bank, credit union or other financial institution. It is often also ...

Credit and debit cards are often used interchangeably, but they have distinct differences that can affect your financial situation. Though they look nearly identical, they have 16-digit card numbers, ...

Debit cards give you easy access to the money you currently have available in your linked checking account. They’re different from credit cards, which allow you to make purchases with loans offered by ...

Sophie Venz is a former Deputy Editor at Forbes Advisor. She is an experienced editor and features reporter, and has previously worked in the small business and start-up reporting space. Previously ...

A card that resembles a credit card but which debits a transaction account (checking account) with the transfers occurring contemporaneously with the customer's purchases. A debit card may be machine ...