Know your debit card; it is a safe alternative to cash.
Debit cards allow you to pay for products and services, having the amount automatically deducted from your bank account. They are safer than cash, and more practical than checks.
How they work:
- Debit cards allow you to better control your finances. They eliminate problems with check approvals, and carrying cash.
- They offer more protection than checks, since they require your PIN or a signature to complete the transaction.
- Transactions are recorded on your bank statement, making it easier to control your expenses.
- It is a mean of payment accepted by millions of establishments around the world.
- Most debit cards also work as bank and ATM cards, making it easier to withdraw money from your bank account.