What is a debit account?

Answer A debit account is a charge account with a positive cash balance. Account holders purchase goods and services by reducing, or debiting, this balance.How it WorksA debit account is an account which ... Read More »

Top Q&A For: What is a debit account

I have a automated debit on my bank account from WFN PBP WFN pay by phone. What is that?

I am so glad you asked this question. I found this site when i was searching on Google for the Pay by phone thing. I had the same problem and once i read a couple responses i realized that it was... Read More »

What does it mean when a debit has posted to your checking account?

A debit is any kind of transaction (whether it be a debit card transaction, a check or cash withdrawal) that subtracts money from your checking account balance. When a debit has been posted to your... Read More »

Can I use my debit card to set up a PayPal account?

On One Hand: Yes, You CanYou can use your debit card to set up a PayPal account, especially if you want the funds transferred to your bank account. When you do a transfer, PayPal will use your debi... Read More »

How to Start a Debit Card Account?

You have stronger buying power if you have plastic. Often, merchants prefer credit cards to cash or checks, especially if you want to buy anything online, rent a car or guarantee a hotel reservatio... Read More »