Debit Card Jacksonville FL

Debit cards are a good choice if managing money and your credit is a problem in Jacksonville for you. Debit cards are linked to your checking account. You can use them as credit cards if they contain a Visa or MasterCard logo on them. They don’t incur annual fees or interest charges like a credit card does because they use the money in your checking account to make payments. With that said, are debit cards as good a choice as they seem?

Credit Medic MD
(800) 644-9454
www.creditmedicmd.com
jacksonville, FL
 
Colonial Bank N.A.
733-2102
1700 Woolbright Road
Boynton Beach, FL
 
Commerce Bank
742-9110
1601 W. Boynton Beach Blvd.
Boynton Beach, FL
 
Citibank, NA Pines East
(954) 322-3587
8411 Pines Blvd
Pembroke Pines, FL

Data Provided by:
Mackinac Savings Bank
736-8900
280 N. Congress Ave.
Boynton Beach, FL
 
Eastern Financial Florida Credit Union
(813) 818-2601
3705 Tampa Rd. Unit 10
Clearwater, FL
 
Amtrust Bank
(954) 443-2424
15870 Pines Blvd
Miramar, FL

Data Provided by:
Tropical Financial Credit Union
888-261-8328 x7000
3050 Corporate Way
Miramar, FL

Data Provided by:
BankUnited, FSB
369-4688
117 N. Congress Ave.
Boynton Beach, FL
 
American Credit Counseling Service Incorporated
(407) 422-2214
1310 W Colonial Dr
Orlando, FL
 
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Debit Card

Debit cards are a good choice if managing money and your credit is a problem for you. Debit cards are linked to your checking account. You can use them as credit cards if they contain a Visa or MasterCard logo on them. They don’t incur annual fees or interest charges like a credit card does because they use the money in your checking account to make payments. With that said, are debit cards as good a choice as they seem?

Debit cards teach you to manage money if you had trouble in the past with credit cards. They come complete with a safety net because they are tied to a checking account with a set amount of funds. Checks and cash are being pushed out of the way in favor of the “new plastic”.

However there are some pitfalls that do exist. Since debit cards are tied to a checking account, you need to keep track of your checking account balance. Just as quickly as that money was deposited in your account it can disappear if you are not careful. The checking account can become overdrawn without ever bouncing a check. Remember ATM withdrawals and buying something with a debit card all reduce your checking account balance.

Debit cards are also subject to “blocking” just like a credit card. This means that some merchants can block off a set amount of money in the account until your transaction with them is processed. Case in point: using a debit card to pay for a $20 visit to the gas station, but the store blocks off $50 on the card. If the extra $30 was earmarked for something else, you will run into problems until that block is removed.

Debit cards are a good choice for you if you have experienced credit card problems in the past. They are very convenient but remember to use them wisely or you could run into trouble with your checking account balance.

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