A debit card gives customers access to money made available by a bank or other financial institution and is essentially the same as a short-term loan.

Name: A debit card gives customers access to money made available by a bank or other financial institution and is essentially the same as a short-term loan.
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Question

Quizplus · Accepted Answer

A debit card allows customers to spend money by drawing on funds they have already deposited at the bank, unlike a credit card which offers a short-term loan.

A Debit Card Gives Customers Access to Money Made Available