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debet card v atm card

Travel Forums General Talk debet card v atm card

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1. Posted by flanbos (Budding Member 24 posts) 9y

im just trying to sort out how im gonna keep my mony while im travellin, im going to be taking my credit card so im wondereing what is better for normal money transactions a debit card or just my normal atm?

any opinions
cheers

2. Posted by bentivogli (Travel Guru 2398 posts) 9y

What's the difference between an ATM card and a debit card? I've always thought they were the same thing

3. Posted by Dem (Full Member 78 posts) 9y

The debit card is directly associated to a bank account. Right at the moment when you get cash from an ATM with it, your bank account registers and subtracts the amount you got. Usually the debit card is used for getting cash from the ATM because the comission you pay is much cheaper than the credit one (usually, it's even cheaper than change cash directly on the exchange offices).

The credit card, on the other hand, is associated not a bank account but to a credit amount that you can use (of course in the end it's also related to a bank account). The money you spend either shopping or from ATM are all added and are charged once a month in your account (sometimes you can also delay the payment to pay less every time, with interests of course). It's better for shopping, because usually there is no comission, only the current exchange rate (but some credit cards charge you as well a little amount for operating in a different currency.

Umm.... was it some clear?

4. Posted by bentivogli (Travel Guru 2398 posts) 9y

I know what a credit card is; bu you unfortunately haven't enlightened me on the atm/debet issue :)

5. Posted by Dem (Full Member 78 posts) 9y

well... I dont get you either. The ATM is the machine that gives you the cash... there is no ATM card, but debit card and credit card.

6. Posted by oslaue (Full Member 571 posts) 9y

is this a trick question? atm and debit card?

atm is not a card! its a machine that feeds you money!
atm stands for automated teller machine!

perhaps the person who posted the original question thread means
debit card v credit card!

if thats the case and the debit card has the visa symbols on it then i fully recommend visa debit card! you pay no interest! simple! and its a obvious answer!

but always nice to have a credit card on the side no matter how much interest you pay for those emergencies!

7. Posted by Dem (Full Member 78 posts) 9y

[quote=oslaue]perhaps the person who posted the original question thread means
debit card v credit card![
quote]

That's exactly what I thought... and that's why my explanation about debit and credit cards. ;)

[quote=oslaue]if thats the case and the debit card has the visa symbols on it then i fully recommend visa debit card! you pay no interest! simple! and its a obvious answer![quote]

That's not 100% right, because now almost every visa card allows you the possibility of paying all you spent once a month without interests, and the possibility of doing it in smaller monthly amounts with interests.

I would consider always to carry at least one debit and one credit card. :)

[ Edit: Edited on Jan 12, 2007, at 2:00 AM by Dem ]

8. Posted by oslaue (Full Member 571 posts) 9y

hmm...i dont have that problem at all.

9. Posted by Dem (Full Member 78 posts) 9y

Quoting oslaue

hmm...i dont have that problem at all.

sorry.... I didn't mean you could pay interests with the VISA ELECTRON (debit), but with regular VISA (credit).

10. Posted by oslaue (Full Member 571 posts) 9y

right...

i dont have a visa eletron...i have a full visa card with my bank! and its not a credit card...its a visa debt card...instead of having the symbols of maestro, link, plus, on my debit card i have visa! its works brilliantly!