A debit card is a payment card that lets you pay for purchases or withdraw money directly from your checking account in your bank, credit union or other financial institution. It is often also ...

Sophie Venz is a former Deputy Editor at Forbes Advisor. She is an experienced editor and features reporter, and has previously worked in the small business and start-up reporting space. Previously ...

A card that resembles a credit card but which debits a transaction account (checking account) with the transfers occurring contemporaneously with the customer's purchases. A debit card may be machine ...