Results 1 to 5 of 5
  1. #1
    Mehrgan's Avatar
    Mehrgan is offline Key Member
    • Member Info
      • Member Type:
      • Other
      • Native Language:
      • Persian
      • Home Country:
      • Iran
      • Current Location:
      • Iran
    Join Date
    Apr 2009
    Posts
    1,619
    Post Thanks / Like

    'Debit card', 'cash card', and 'debit card'

    Hi,
    Could anyone tell me the exact differences please?

    Could 'debit card' be used for telephone cards too?




    Ta!

  2. #2
    5jj's Avatar
    5jj is offline VIP Member
    • Member Info
      • Member Type:
      • Retired English Teacher
      • Native Language:
      • British English
      • Home Country:
      • England
      • Current Location:
      • Czech Republic
    Join Date
    Oct 2010
    Posts
    28,167
    Post Thanks / Like

    Re: 'Debit card', 'cash card', and 'debit card'

    When I make a payment with my debit card, the money goes directly from my current account to that of the person I am paying.

    I also use my debit card as a cash card, to draw money, via an ATM, from my current account.

    When I make a payment with my credit card, the money goes from the credit card company to the person I am paying. I must repay this money, plus interest, after a period of time. I can also use my credit card as a cash card, but the money is coming from the credit card company, not my current account. I am effectively borrowng it from that company, and must repay it later.

    With a debit card I use my own money; with a credit card I use borrowed money.

    I don't know how telephone cards work. Sorry.

  3. #3
    Mehrgan's Avatar
    Mehrgan is offline Key Member
    • Member Info
      • Member Type:
      • Other
      • Native Language:
      • Persian
      • Home Country:
      • Iran
      • Current Location:
      • Iran
    Join Date
    Apr 2009
    Posts
    1,619
    Post Thanks / Like

    Re: 'Debit card', 'cash card', and 'debit card'

    Quote Originally Posted by fivejedjon View Post
    When I make a payment with my debit card, the money goes directly from my current account to that of the person I am paying.

    I also use my debit card as a cash card, to draw money, via an ATM, from my current account.

    When I make a payment with my credit card, the money goes from the credit card company to the person I am paying. I must repay this money, plus interest, after a period of time. I can also use my credit card as a cash card, but the money is coming from the credit card company, not my current account. I am effectively borrowng it from that company, and must repay it later.

    With a debit card I use my own money; with a credit card I use borrowed money.

    I don't know how telephone cards work. Sorry.

    As perfect as ever! Many thanks dear fivejedjon!

  4. #4
    Barb_D's Avatar
    Barb_D is online now Moderator
    • Member Info
      • Member Type:
      • Other
      • Native Language:
      • American English
      • Home Country:
      • United States
      • Current Location:
      • United States
    Join Date
    Mar 2007
    Posts
    17,516
    Post Thanks / Like

    Re: 'Debit card', 'cash card', and 'debit card'

    Just a final note on this: When you have your debit card, and it has the little Visa or Mastercard symbol on it, it can be used anywhere that accepts credit cards.

    However, even then, it's still coming directly out of your bank account. There is no middle lender.

    When you use it as a debit card, you have to enter a personal identifaction number. Not every merchant is set up to accept debit cards, but most accept credit cards, so the same card works both ways to the merchant, but the same way to you -- that much money is immediately removed for your bank account.

    There is a lower cost to the merchant to use it as a debit card. I always wonder why they don't train their employees to say "Is debit okay?" instead being utterly uninterested in your answer to "Credit or debit?"
    I'm not a teacher, but I write for a living. Please don't ask me about 2nd conditionals, but I'm a safe bet for what reads well in (American) English.

  5. #5
    freezeframe is offline Key Member
    • Member Info
      • Member Type:
      • Academic
      • Native Language:
      • English
      • Home Country:
      • Canada
      • Current Location:
      • Canada
    Join Date
    Mar 2011
    Posts
    2,113
    Post Thanks / Like

    Re: 'Debit card', 'cash card', and 'debit card'

    Phone cards are prepaid cards you buy in a store. Some of them can be topped off/refilled by calling the company that owns them and charging more money on your credit card.

    Here at least you can't use your debit card with a pay phone but you can use a credit card. It is very expensive though.

Similar Threads

  1. from a card
    By ostap77 in forum Ask a Teacher
    Replies: 2
    Last Post: 03-Oct-2010, 11:35
  2. $20 for card, the left one in cash, please.
    By flytothesky in forum Ask a Teacher
    Replies: 3
    Last Post: 03-Jul-2009, 20:28
  3. Replies: 3
    Last Post: 16-Apr-2008, 22:22
  4. movie card
    By blouen in forum Ask a Teacher
    Replies: 2
    Last Post: 25-Oct-2007, 01:22
  5. Help with greeting card
    By gurly in forum Ask a Teacher
    Replies: 2
    Last Post: 13-Jun-2006, 08:05

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •