Debit Card Guides

Guide to debit cards

Debit cards provide all the convenience of credit, with none of the debt. They're particularly useful online, over the phone, and when unexpected sales threaten to inflict some credit damage.

Debit cards are typically linked to your transaction account, allowing you to spend your cash with the facilities of credit.

Debit cards vs EFTPOS

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.

Debit cards - the whole picture

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?

Debit cards vs Credit cards

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.

Debit card news

Stay on top of the fast-paced debit card game with breaking news from the finance geeks you trust.

Gateway Bank trades plastic for cornstarch with new plant-based Eco Debit Card

For decades it’s been the norm for Australians to reach into their wallets for a plastic debit card to withdraw cash or make a payment at the counter, but that’s about to change for customers of one bank.

Receipts go digital as CommBank partners with fintech Slyp

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.

Record number of debit cards to be issued to isolated customers

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.

CommBank: More Aussies embrace digital wallets amid COVID-19 restrictions

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.

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