Hello, the debit card will deduct money every month. If it is a time deposit, the bank will pay interest to the user without deducting the user's fees. However, if it is a current deposit (which can be withdrawn at any time), the card fee of 10 yuan will be deducted every year to apply for a bank card. Debit cards are becoming more and more popular, which can easily replace cash and checks for consumption and transactions.

debit card

DebitCard refers to the bank card issued by the issuing bank to the cardholder without credit limit, and the cardholder deposits first and then uses it.

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 deposit and withdrawal and consumption. A Special card is a debit card that is used in a specific area and has a specific purpose (except for department stores, restaurants and entertainment industries), and has the functions of transferring money and depositing and withdrawing cash. Stored value card is a prepaid wallet debit card in which the bank transfers funds to the card for storage according to the cardholder's requirements, and directly deducts money from the card during the transaction.

Debit cards cannot be overdrawn. The transfer card has the functions of transfer, cash deposit and withdrawal and consumption. A Special card is a debit card that is used in a specific area and has a specific purpose (except for department stores, restaurants and entertainment industries), and has the functions of transferring money and depositing and withdrawing cash. Stored value card is a prepaid wallet debit card in which the bank transfers funds to the card for storage according to the cardholder's requirements, and directly deducts money from the card during the transaction.

Debit cards are becoming more and more popular, which can easily replace cash and checks for consumption and transactions. In recent years, debit cards have gradually become the most popular payment cards. There are hundreds of millions of debit cards in use all over the world. If the debit card is only applicable to local merchants, it is usually printed with the logo of the card issuer and its applicable processing system. The international debit card has the same appearance as the credit card, and the logo of the international payment card institution is printed on the lower right corner. It is very popular in all the sales points that accept credit cards. The difference is that when using a debit card, the amount will be automatically deducted from the bank account instead of being included in the credit line.