Word: Debit Card
Part of Speech: Noun
Definition: A debit card is a small plastic card that allows you to take money directly from your bank account to pay for things or to withdraw cash from an ATM (Automated Teller Machine). When you use a debit card, the money is taken out of your bank account immediately.
Usage Instructions:
Withdrawing Money: You can use a debit card at an ATM to get cash. Just insert the card, enter your PIN (Personal Identification Number), and choose how much money you want to take out.
Making Purchases: When you buy something in a store or online, you can use your debit card instead of cash. The store will swipe your card, and the money will be deducted from your bank account.
Example Sentence:
"I went to the grocery store and paid for my shopping with my debit card."
Advanced Usage:
Online Shopping: Many people use debit cards for online purchases because they are safer than using cash.
Budgeting: Since debit cards only allow you to spend the money you have in your bank account, they can help you manage your spending and stay within your budget.
Word Variants:
Debit (verb): To take money out of an account.
Credit Card: A different type of card that allows you to borrow money up to a certain limit, which you will pay back later.
Different Meanings:
Synonyms:
Idioms and Phrasal Verbs:
"Charge it to my debit card": This means to use your debit card to pay for something.
There are not many idioms specifically related to "debit card," but you might hear phrases about managing money or budgeting.
Summary:
A debit card is a convenient tool for accessing your money and making purchases. It helps you control your spending since you can only use the money you have in your bank account.