Debit cards have become a staple of life, in many instances, they have replaced cash as they are convenient, flexible, and they avoid many of the most common hygiene issues. People are generally far more conscious of these issues in the aftermath of the global pandemic.
Of course, if you’re choosing a debit card then you’ll want one that offers minimal or no charge and a selection of benefits, alongside the traditional advantages of owning and using a debit card. You can click here to sign up for a great one from Fineco. They offer multiple debit cards and no annual fee on your first one.
Ease Of Payments & Withdrawals
A Euro debit card doesn’t have to operate in just euros. You can select a multi-currency debit card that will allow you to add funds to your account in a variety of currencies and withdraw in the same way.
The debit card can be used to withdraw cash from any ATM in different currencies, suiting your needs and current destination. This doesn’t just make it easy to remove funds from your account.
You can also use it to pay for items in-store, use the contactless option where available, and even buy foreign currencies when needed. Debit cards can also be used online, giving you an easy way to pay for items and you’ll find the supplier offers some protection against fraudulent use of your card online.
The card operates like any other debit card, giving you instant access to your funds, regardless of whether you want to start online trading, do the weekly shop, or withdraw cash for a night out you’ll never forget.
Security Of Funds
Debit cards are protected. There are limits to what can be withdrawn from the card and it can even be blocked from being used at certain types of sites, this is completely controlled by you. That means it is harder for someone to fraudulently take your money.
Remember, there are standard protections against fraud and limited liability, providing you look after the card and advise the issuer as soon as possible after the fraud or theft has been noticed.
The fact that funds are instantly transferable also means you don’t need to worry about keeping your funds in special accounts, they can be accessed via your debit card whenever they are required. It’s even possible to use it online with investments, such as running a brokerage account. Connect the debit card and it will withdraw the funds as you place trades, allowing you safe access to your funds with minimal risk.
Monetary Control
Debit cards are designed to only access funds in your account. Unlike a credit card, you won’t be getting into debt when using a debit card. That makes it easier to control spending and is perhaps the best reason of all to use them. Avoiding debt is easier and that is desirable.
That, and the fact that the debit card gives you access to your funds anywhere, allowing you to make the purchase you want without hunting for a cash machine, makes getting one an essential requirement of enjoying life.