Prepaid Debit Card

submitted: Aug 1st 2008 | by: MillerTaylor | Total views: 1 | Word Count: 526 | PDF View | Print Article

What is a debit card?

If you wish to spend or withdraw more money than the amounts listed in the table above, you must call Customer Service to change the limits. You may even ask that they remove the certain limits, if permitted, although it is recommended that you not change your limits for security reasons.

Are there any limits to how much money I can store on my card?

For loss of Debit Card, please contact our Customer Service Officer at 1800 363 3333 immediately to report the lost card to prevent unauthorised transactions. You may then request for a replacement card to be mailed to you.

How secure is my money with debit card?

The debit card provides tremendous convenience in payments and helps the customers reduce the amount of cash they need to carry. Besides that customer always stays in control of his finances as he can spend only what he has in his account. It also gives an unparalleled access to his account, whenever he wants, wherever he goes.

What is an RELOADABLE DEBIT CARD (RDC)?

There are lots of ways that debit card beats cash. To name just three: Debit card is more secure than cash. If cash is lost or stolen it is likely gone forever. If your debit card is lost or stolen, it can be replaced.A debit card is a global money and debit card. You can safely send a debit card in the mail.

Why Debit Cards and Credit Cards Comparisons Pointless?

Cash stored on a debit card is available immediately. If you send a check as a gift or to transfer money to relatives ""back home"", the recipient's bank usually puts the money on hold for at least a few days, and often a few weeks, until the check ""clears"". Cards can be refilled quickly and easily. When you use check to send gifts or transfer money, if you want to send another gift or transfer more cash to the same person, the recipient has to wait for the check to arrive and the bank to clear it.

What What These Products Share?

debit cards can be used in more places. While you can use an ordinary bank card in many ATMs around the world, you often can't use them for merchant debit transactions outside of your home country. debit card can be used to send gifts or transfer money. Since an ordinary bank card and PIN gives the holder access to your full bank account, they are not a good way to send a gift or transfer money to others.

Can I still get at my money if I forget my Personal Identification Number (PIN)?

Usually, but it depends on the issuer of the bill. If you can pay your bill electronically from a bank account or pay it with a debit or credit card then you can usually use your debit card to pay the bill, as long as there is enough money stored on the card.

What should customer do on receipt of DEBIT CARD?

The security of your money is of utmost importance at debit card. We take great care to protect it, such as using the highest publicly available level of security on our Web site.

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Prepaid debit card


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