Sunday, January 8, 2012

Debit Card: Although financial consultants might sniff at the categorization, a debit card can be seen as a type of plastic cheque, devoid of the troubles of writing a cheque, together with several advantages of a credit card. Debit cards and credit cards, although very much bear a resemblance to each other are actually pretty different



Some debit cards in Australia

Anz Debit Card: An ANZ Access Visa Debit card let you make use of your individual money wherever Visa is acknowledged - online, out of the country or over the phone.

ANZ Access Visa Debit is an element of the ANZ Access Advantage, ANZ Extras Package, ANZ Access Select and ANZ Access Deeming accounts. If you want to get more from your everyday bank account, change to an account with Visa Debit access.

St George Debit Card: A St george Visa Debit Card is offered with no yearly charge that provides you convenient access to finances in your transaction account.

To get started, connect your Visa Debit Card to your St.George transaction account, which can be:
  • Complete Freedom
  • Express Freedom
  • Complete Freedom Student
  • St.George SENSE accounts, or
  • Retirement Access Plus
Westpac Debit Card: With the beginning of the MasterCard debit card in Australia just some years before (2005), there are just three credit card providers in Australia that put forward debit card through MasterCard's credit services. Westpac just turns out to be one of them.

For a usual debit card, the Westpac Debit MasterCard has a trifecta of protection measures in place, so as to defend its holder's from credit scam and robbery. For starters, when you make use of it, you'll have the choice of signing the acknowledgment or using a PIN for your acquisition.

Secondly, Westpac uses the Falcon system which distinguishes strange acquisition movement on your card. So if you've made some purchases outside of the common purchases you make, you'll get a call from Westpac just to make sure that it's you who is using your card and not somebody who shouldn't be.

Finally, the Westpac debit card is sheltered by MasterCard's Zero Liability policy. Therefore if somebody has been racking up purchases on your debit card, you won't be accountable for them.

Commonwealth Bank Debit Card: Commonwealth is again an Australian bank to put forward debit cards through the MasterCard facility. The debit card is obtainable in two Commonwealth bank accounts – the Smart Access account and the Complete Access account, and are able to be used together with Commonwealth bank's Student Options.

The Smart Access account charge is per month, which provides you limitless access to electronic transactions through Commonwealth bank. The Complete access account offers a little bit more, with unrestrained branch withdrawals, teller-assisted cheques and phone banking and indefinite electronic Commonwealth electronic transfers.

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