Personal debit cards

What is a personal debit card?

A personal debit card in Canada is a payment card linked directly to your bank account.

With the help of a debit card, you can perform many operations that are extremely important every day:

1. Pay for purchases. A debit card is an extremely convenient way of paying for goods and services in stores, pharmacies, and on the Internet. This is confirmed by the statistics of non-cash payments.
2. Withdraw cash. Owners of debit funds can get cash at any time using the ATM service
3. Direct access. After the transaction, the funds are immediately withdrawn from your account. In the case of topping up the card, enrollment is also instant
4. Interac Network. Most debit cards use the Interac network for transactions within Canada

Debit cards are extremely popular among the Canadian population, they are actively used by teenagers, students, and retirees alike.

What is the best card to use in Canada?

Choosing and determining the best debit card depends on your needs. To carry out operations abroad, you should issue an international card, for calculations on the Internet - a virtual one, etc. Banks offer special cards for students and children. If your goal is to get the most money back on your purchases, consider opening a cashback card.

In addition, many other classifications of debit cards may be the most beneficial for you in certain situations:

• free debit cards
• prepaid debit cards
• debit card for paypal
• Visa debit cards
• Mastercard debit cards