service card

Posted by juliarobers891 on March 1st, 2025

Managing company spending can sometimes be tricky, but finding the right solution for it made a significant difference in my workflow. The ability to handle multiple transactions without any hidden fees is a game-changer. I particularly appreciate the option to manage everything from one platform, making the whole process smooth and efficient. It's also nice to have access to tools like debit expense cards, which made keeping track of all expenses much easier. The user experience has truly been fantastic.

How a Debit Card Works

A debit card is a card linked to your . It looks like a credit card, but it works differently. The amount of money you can spend on a debit card is determined by the amount of funds in your account, not by a credit limit such as credit cards carry. Your debit card may be connected electronically to your account, or it can be an offline card.  take longer to process transactions.

Unlike with a credit card, you don't go into debt when you use a debit card because you are using it to access funds you already have. You don't have to make monthly minimum payments on a debit card because there is no debt to repay.2

You can use a debit card to get cash from an , or you can make purchases with it like you make purchases with credit cards. With debit cards, you may need to enter your , although many debit cards can be used to make purchases without a PIN.

Debit cards usually have daily purchase limits, meaning you can't spend more than a certain amount in one 24-hour period.3

Debit cards draw the funds immediately from the affiliated account. So, your spending is limited to what’s available in your checking account, and the exact amount of money you have to spend will fluctuate along with your account balance.