What is the difference between one-time and recurring debit card transactions?
One-time debit card transactions are everyday transactions you make with your debit card, such as purchasing groceries, paying for a tank of gas, etc. Your everyday purchases will be processed as one-time debit card transactions, even if you use the same merchant frequently. You have the option to select whether to include these types of transactions in the service.
Related Questions
- Did this change affect overdrafts caused by checks, automatic recurring debit card transactions or electronic payments?
- How does the bank know my debit card transaction is a one-time, everyday transaction versus a recurring transaction?
- Dear Credit Karma, What is the difference between a secured credit card and a prepaid debit card?