To ensure safe, fast and convenient access to funds in your accounts, a debit card is issued. As a rule, such a card is issued free of charge, and it differs from a credit only in that it does not need to pay interest. The deposit card does not contain the bank’s money, but the depositor’s own funds . It is enough to choose a suitable bank where a debit card is opened . What is it, they will help to understand the branch or the bank’s website.
Debit Card Benefits:
- the ability to replenish your account at any time, including through online systems;
- payment of any goods and services through online stores;
- opening deposits with the ability to accumulate interest and profit from them;
- free issue of two or more additional debit cards;
- payment of all payments made online;
- access to the Internet bank and to all your accounts.
The choice of a debit card begins with an analysis of banks and their possible offers. Any financial institution will offer several types of debit cards, talk about each of them and help you make a choice. Nevertheless, it is better to be personally informed in advance about what a debit card should be, what it is, why it is needed. Typically, a card is used for online shopping, withdrawing money from an ATM or paying for goods in stores. Many banks are introducing a special program of bonuses and all kinds of discounts. Paying with such a debit card, you can get good discounts in stores, restaurants, cafes, cinema and beauty salons. For example, Alfa-Bank has been successfully issuing Cosmopolitan cards for a long time.
Debit card costs
To issue a debit card, some banks may charge a
monthly 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 set by a particular bank. For example, to issue a regular
Sberbank card, you will need an amount in the region of 300 rubles, but for a card of the same Alfa-Bank (Cosmopolitan), the price for the issue starts from 600 rubles and above.
Obligatory payments
After it becomes clear what the debit card is for, what it is and what types it happens, you need to understand the necessary payments that the bank may charge, namely:
- annual payment for finished services;
- depositing money for issuing a card;
- commission for cash withdrawals, moreover, in other banks it can be twice as much;
- collection of a commission for the payment of goods and services.
However, these sanctions do not apply to all debit cards. Some financial institutions only charge a fee for the issue, and then the client can manage their funds as they like, without paying extra money. When you choose debit cards, reviews will help you quickly decide on the right choice. Many clients are happy to share their impressions of the quality of using one or another card of a financial institution. It’s clear that the most profitable electronic wallet is a debit card, which is the best way to control your income and expenses.