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LiveWire / Teen Forums / Jobs & Hobbies / Viewing Topic

Getting a debit card

Replies: 8 — Last Post Nov. 14, 2008 3:31pm by Stand Up

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( Feel The High )

Visionary
Sustainer

Would I have to pay every now and then? Is it a lot?

I know I could ask the bank but I'll do that later..

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Anonymous Chris

Connoisseur
Patron

Asking the bank would be a lot more beneficial then asking us.

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bstodge

Visionary
Patron

depends on the bank. ask them.

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So?

suhploda

Executive

i dont think u have to pay anything for a debit card(at least in my case)

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Killer Tofu

Wealthy Hobo

Depends. I just have to keep $25 in my account at all times.

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isobel

Soothsayer

Credit card: you pay usually at the beginning or at the end of the month.

Debit card: you can only spend money that you have on that card, so if you make a deposit for 500$, you only have those 500$ to spend and you don't pay anything at the end of the month.

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taraxgoesxboom

Soothsayer
Patron

There's different rules depending on where you get it, how much you have to have in the account, how many transfers you can do etc.
But if you follow the rules and it shouldn't cost anything. You should get one though, it's a good first step in money managment.

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MixedDelight

Guru
Patron

You don't have to pay a balance for your debit card as you can only spend what it in your account. There's also usually a limit on the amount you can withdraw, and, if you don't have a youth or student account, there are fees to use your card over a certain amount.

You questions should be aimed at the bank of choice. Not us.

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Stand Up

Swami
Patron

Debits and young people are just trouble on the way. I suggest getting a job and investing.

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