Debit cards are typically associated with online and mobile banking platforms, which allow you to monitor your account balance, view transaction history, transfer funds, and manage your card settings.

Debit card transactions are typically recorded in your bank statement, making it easy to track your spending and manage your finances.

Due to the fact that debit card transactions are funded from your bank account, you do not accrue interest charges or debt as you would if you used a credit card. You can only spend the money you have in your account.

Payments and withdrawals can be made using debit cards both locally and internationally.

With a debit card, you can withdraw cash, check your balance, and perform other banking functions anytime, anywhere.

Regular expenses such as utility bills and subscriptions can be scheduled as recurring payments. This allows you to manage your finances more effectively.

Debit cards are considered secure since they require a PIN or signature to authorize transactions. You can use this security feature to prevent unauthorized access to your account. Moreover, many digital banking institutions provide fraud protection and monitoring services to detect and prevent suspicious activity.

Debit cards may have daily spending and withdrawal limits that vary by account type. These limits are set to protect your account from unauthorized use.

With a debit card, you can easily access your bank account funds. The card can be used for online purchases, phone purchases, ATM withdrawals, and more.

Many debit cards come with near-field communication (NFC) chips, which enable contactless payments. Using this method, you can make quick and convenient “tap and go” payments without inserting your card or entering a PIN at compatible terminals.

Now debit cards come with EMV chips (Europay, MasterCard, and Visa), which help to increase security by generating unique codes for each transaction, making card cloning more difficult.