Debit card: what is it, and what better to choose

To ensure safe, fast and convenient access to funds on their accounts, a debit card is issued. As a rule, such a card is issued for free, and it differs from the credit only in that it does not need to pay interest. On the deposit card are not the bank's money, but the depositor's own funds . It is enough to choose the right bank, where the debit card opens . That this will help you understand the branch or on the bank's website.

Advantages of a debit card:

- the ability to replenish your account at any time, including through online systems;

- payment for any goods and services through online stores;

- Opening of deposits with the ability to accumulate interest and receive from them a profit;

- free issue of two or more additional debit cards;

- payment of all payments made online;

- access to the Internet bank and to all of its accounts.

The choice of a debit card starts with the analysis of banks and their possible offers. In any financial institution will offer several types of debit cards, talk about each of them and help 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 needed for. Usually the card is used for online purchases, withdrawals from ATMs or payment for goods in stores. Many banks are introducing a special program of bonuses and all sorts of discounts. Paying such a debit card, you can get good discounts in stores, restaurants, cafes, movies and beauty salons. So, for example, Alfa-Bank has already successfully issued a Cosmopolitan card for a long time.

Debit card costs

In order to issue a debit card, some banks may charge a subscription fee, or it may be a certain percentage for the issue. Depending on the validity period of the card, its functions and capabilities, the number of discounts offered and the category of customers, a price is established, set by a particular bank. For example, to issue an ordinary Sberbank card, an amount of 300 rubles will be required, but for a card of the same Alfa-Bank (Cosmopolitan), the issue price starts from 600 rubles and more.

Obligatory payments

After it becomes clear what the debit card is for, what it is and what kinds it is, you need to figure out the necessary payments that the bank can charge, namely:

- annual payment for the finished service;

- making money for issuing a card;

- Commission for the withdrawal of cash, and in other banks it can be twice as large;

- charging a commission for payment of goods and services.

However, these sanctions are not applicable to all debit cards. Some financial institutions only charge a fee for the release, and then the client can arbitrarily manage his funds without paying extra money. When you choose debit cards, reviews will help you to quickly determine the right choice. Many customers are happy to share their impressions of the quality of use of a particular card of a financial institution. Clearly, the most profitable electronic wallet is a debit card, which is the best way to control your income and expenses.