Guide to debit cards

So you know what a debit card is - and while it may sound pretty similar to an EFTPOS card, there are some key differences between the two payment methods.

If you're one to indulge in a spot of credit card over-spending from time to time, debit cards are a great alternative. They only let you spend the cash you have so you never slip out of credit control.

Picture this: you’re out to grab a few groceries - you pick up your milk, bread, veggies and a sneaky chocolate bar - and head over to the counter. How are you going to pay?

Once you’ve read up on debit cards and the different fees and features they typically come with, you might start to wonder about how they differ from credit cards and which option is best for you. 

Commonwealth Bank customers can get a digital copy of their receipts sent straight to their smartphones under a new partnership between the major bank and Sydney-based fintech Slyp. 

The outbreak of COVID-19 has necessitated a different approach to the way Australians pay for their goods and services and we’ve already seen this play out through an increased use in contactless payment options and a move to online shopping. 

From Zoom conference meetings to doing morning workouts in the garage, many Aussies have had to make adjustments to their regular routines over the last few weeks, including the way we pay. 

Down down, prices are, wait... up?