The Ultimate Guide to Credit Cards
Sunday, May 26, 2024

All articles tagged Debit Cards (8)

7 Best No-Fee Debit Cards (May 2024)

7 Best No-Fee Debit Cards (May 2024)

Debit cards are an essential part of modern-day banking and a convenient option to make purchases. Unfortunately, some banks and debit card issuers charge fees, including checking account monthly maintenance fees, ATM fees, and overdraft fees. These costs can add up, but you can avoid them by considering a no-fee debit card. Here, we cover the best no-fee debit cards that you can get, even if you don’t have the best credit or would prefer a banking alternative. Best Debit Cards... read more »

7 Things to Know About the Discover Debit Card (Feb. 2024)

7 Things to Know About the Discover Debit Card (Feb. 2024)

Discover® is renowned for its high-value, low-cost financial products, and the Discover® Cashback Debit is a leading example. The card caters to consumers who’d rather bank online than at a brick-and-mortar branch.  The card offers cash back rewards without fees or minimums, and you don’t need a credit history to get one. If all that works for you, keep reading to learn about the Discover® Cashback Debit's key features and terms. 1. It is a Full-Fledged Checking... read more »

Do Debit Cards Affect Credit Scores?

Do Debit Cards Affect Credit Scores?

TLDR: It depends on whether your debit card has an associated line of credit or overdraft protection and whether your debit card issuer reports such accounts to the credit bureaus. If your debit card does have overdraft protection or an associated line of credit, and the card’s issuer chooses to report it to the credit bureaus, then it can help your credit scores if the account is paid back on time, or it can lower your credit scores if it’s paid late or goes into default. ... read more »

6 Best Reloadable Debit Cards (April 2024)

6 Best Reloadable Debit Cards (April 2024)

Reloadable debit cards provide an effective way to pay with plastic without incurring debt. You use them to spend money you’ve already deposited, so credit is unnecessary, and a bank account is optional. You can also say goodbye to late fees and overdrafts.  We review the best debit cards — a healthy mix of prepaid and bank-issued products. You can use these cards to make purchases, pay bills, withdraw cash from ATMs, and send money to other individuals. Best Reloadable... read more »

4 Best Online Bank Accounts With Instant Debit Cards (April 2024)

4 Best Online Bank Accounts With Instant Debit Cards (April 2024)

Online banks continue to flourish because of their convenience, flexibility, and excellent interest rates. Instant debit cards reinforce convenience by eliminating the wait for a physical card to arrive in the mail.  You can request an instant debit card when you open an account at our reviewed online banks. Feel free to use these cards for online shopping, money transfers, and bill paying, and you can add one to your mobile wallet to make in-person purchases at participating... read more »

9 Best Debit Cards With No ATM Fees (April 2024)

9 Best Debit Cards With No ATM Fees (April 2024)

Banks typically charge you a fee when you withdraw funds from an ATM that is not in your bank’s network. Add this to the numerous fees banks sometimes charge, such as maintenance fees and overdraft fees, and the last thing you need is another fee. Fortunately, most debit cards let you avoid ATM fees when using your card at an in-network ATM. These networks have locations around the country, and an ATM locator is usually available on your card issuer’s website or app, making them... read more »

Can I Use My Debit Card as a Credit Card? 3 Things to Know (May 2024)

Can I Use My Debit Card as a Credit Card? 3 Things to Know (May 2024)

For the longest time, when I was making a purchase and the "credit" or "debit" option appeared on the terminal screen, I quietly wondered, "Can I use my debit card as a credit card?" I would never ask the sales clerk though. I assumed it was common knowledge I had somehow missed out on learning. But that wasn't exactly the case. Leave it to banks to overcomplicate the issue. Giving consumers a debit card and then providing the option to choose “credit” or “debit” without... read more »

3 FAQs: ATM Card vs. Debit Card vs. Credit Card (May 2024)

3 FAQs: ATM Card vs. Debit Card vs. Credit Card (May 2024)

Having plastic in your wallet is almost a necessity these days. Not only is it convenient to be able to swipe or tap to make a payment for your everyday purchases, but some retailers require it. And if you do any shopping online, you'll likely need to have some type of credit or debit card to complete a transaction. Before you acquire your next piece of plastic, it’s important to know that not all card types are created equal. Below, we'll dive more deeply into the differences... read more »