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Debit Cards: Not Only for Transaction Accounts


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Debit cards are popular payment methods these days, and it’s no wonder. They offer easy access to your money without having to stop for cash every time you want to make a purchase. What do you picture when you think about debit cards? Does your bank account come to mind?

While debit cards tied to bank accounts are probably the most common kind, they’re not the only debit cards you might come across. Let’s look at some other examples, and how debit cards compare to credit cards. read more..

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Do you use a debit card instead of a credit card (or just more than your credit cards)? If so, do you do that in the hopes of saving some money — such as saving on annual fees by sticking solely to debit cards? While it’s true that debit cards can sometimes be cheaper than credit cards (depending on each card), that doesn’t mean your debit card is free.

Here are three examples of debit card fees (or fees related to your debit card) that you should be aware of. read more..

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Do you tend to spend money more than you save it? Then you’ll want an affordable bank account that offers you debit card access for easier purchasing power. Enjoy flexible spending options with cash withdrawals, debit charges, and cheques all with no monthly fee when you open a Bankwest Zero Transaction Account. Even better, you won’t pay ATM fees when you use your debit card at ATMs for any of the Big 4 banks around Australia. read more..

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Are you looking for a new bank account that you can use on an everyday basis? Do you tend to save a good bit each month beyond your expenses, and you’d like to earn interest on your account balance?

If those two things describe you, you should check out the Bankwest Hero Transaction Account with an optional MasterCard debit card. It’s a high interest account that’s ideal for savers, but it includes optional debit card and cheque access so you can use it as an everyday account too! read more..

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