It belongs to a savings card. Debit card refers to the bank card issued by the issuing bank to the cardholder, which has no credit limit and is given priority by the cardholder. Debit cards are divided into transfer cards, special cards and stored value cards according to different functions. Debit cards cannot be overdrawn. The transfer card has the functions of transfer, cash withdrawal and consumption. Special card refers to a debit card that can be used in a specific area or for a specific purpose (except for department stores, restaurants, entertainment industries, etc.). ) transfer money and deposit and withdraw cash. Stored value card is a prepaid wallet debit card. The bank transfers the funds into the card at the request of the cardholder and deducts them directly from the card during the transaction.

Can I transfer money by debit card?

Of course. The functions of debit card include cash deposit and withdrawal, transfer and remittance, credit card consumption, collection and payment, asset management and so on. Users can transfer money at bank outlets or open mobile banking. Bank outlets charge for transfer, and the charging standard is subject to the bank.