What is a bank card?
A Bank Card is a prepaid card which can be used for payments, as well as, withdrawal transactions (similar to debit and credit cards). You are able to reload money to the card without transferring money electronically from your or anybody else’s account. It is not necessary to have a bank account to receive, reload, and use your Bank Card (it is similar to a prepaid telephone card).
A bank card is a card issued by a bank and linked with a particular person’s bank account. Bank cards are plastic with magnetized strips just like credit cards, but they work differently from credit cards, as they are linked to actual funds on deposit, rather than a line of credit. There are a number of different types of bank card in use, ranging from cards which can only be used to access someone’s account through an automatic teller machine to cards which are used just like credit cards for purchases. Depending on the bank that someone uses, he or she may be offered several choices of bank card when opening an account. Many credit unions and savings banks issue bank cards for identification. These cards can typically only be used inside the bank itself, or in automatic teller machines to access cash and account information. Depending on the type of card, customers may be able to use it for purchases, treating it like a debit card, or they may not be able to use their bank cards in t
