EW and her 3 sons (long and ranty)

[AmbrosiaWriter]

Quoth chikenlady

I am confused.
What is the difference between a debit card and an ATM card.
Is a ATM card just a deposit card?
Would a debit card be an ATM card with withdrawal or point of sale privileges ?

Like Slayer, I'm in Canada so maybe our system is different.

In the USA baking system the most common accounts are a checking and a savings account.

A debit card can only access your checking account, and you can use it to make purchases at stores/online, etc. (It is basically a "Check Card.")

An ATM card can access both checking and savings accounts, cannot be used to make purchases at stores/online, and is only used at an ATM to do transactions (such as deposit or withdraw funds.)

A card can be both an ATM and a debit card, but if it is, it can only access the checking account during a purchase (you cannot draw directly from your savings account using your ATM/Debit card at point-of-sale.)

[chikenlady]

Thanks,
Here we have ONE card that can do it all unless the you or the bank has put restrictions on it for some reason.
ie amount of cash back on deposit, daily/weekly limit,deposit only, pos limit

I am just starting to see visa debit/credit cards tho.

[AmbrosiaWriter]

Quoth chikenlady

Thanks,
Here we have ONE card that can do it all unless the you or the bank has put restrictions on it for some reason.
ie amount of cash back on deposit, daily/weekly limit,deposit only, pos limit

I am just starting to see visa debit/credit cards tho.

Most people here have only one card as well (combined debit/atm.) I only have a single card from my bank that I can use to make purchases and access the ATM.

[Ghel]

At my bank, the debit cards are Visa branded, meaning that they follow Visa's terms regarding returns, charge-backs, and liability. A purchase made using a debit card can be run through the credit card system (meaning you sign for it), or it can be done using the PIN. These purchases come directly out of the customer's checking account. If a customer wishes to make a credit card purchase on the internet, they can almost always use our debit cards instead, since they use Visa card numbers.

The debit card can also be used like an ATM card, drawing cash out of either checking or savings at an ATM machine. Some merchants will accept ATM cards as a form of payment, using the PIN, but not all do. ATM transactions tend to process much faster than debit card transactions. (Not sure why, just that it has to do with the way they're processed.)

tl;dr: A debit card is much more versatile that an ATM card, so customers usually prefer it.

[Slayer]

Ah, Visa branded. I get it now. Our debits are straight with the bank. Access to both checking and savings. Can pay in store from whichever account. Withdraw from either.

Visa debits are pretty new here. Rare to see them and even when I do, it's still run as debit lol.

[taxguykarl]

Quoth barainga

AAARHG!!!

I hate when people come in/call shortly before closing. Its like THEY KNOW you want to get things cleaned up for closing.

Maybe not. To SC's operating hours are arbitrary inconveniences.

[bankworking]

My bank allows a minor an ATM card without an adult joint on the account. Debit card, however, needs the 18 or older signer.

Hate the last minute customers. Had one keep me an hour past,just with questions. bleh.