Debit Card Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Debit Card, written in plain English, along with examples of how it is used.

What is Debit Card?

“A bank issued card that can be used in lieu of a check to pay for goods and services as well as used as an ATM card. At the time of purchase, debit cards directly withdraw money from the user’s checking account.