What the best bank in Europe or in America or Canada can issue a prepaid card (debit card) and is less discernible Bank interest and fees with the knowledge I have been living outside the States these are

Best answer:

Answer by ihatecitibank
Don’t look for a bank, look for a credit union. Many of the credit unions have an agreement where you can access your money at credit unions and credit union atm’s all across the country. Local banks are good too. Two banks not to use are Citibank and BOFA-I repeat DO NOT USE THESE TWO.

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Best answer:

Answer by Judy
You have to be 18 to get a credit card.
You’ll see a lot of kids with them, because parents have figured out ways. If your parents wanted you to have one, you’d have one by now./

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Question by Raiders: Does having a Visa debit card start your credit?
If you have a Debit card for your bank with the Visa Logo, does it start your credit?

Best answer:

Answer by pokerjoev
Yes

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Unlike a credit card where you make purchases and pay later when issued a monthly bill a Visa debit card is linked directly to the funds in your bank account. You can only spend what you actually have and the money is taken straight away which eliminates the risk of accumulating debt in the way you can with a credit card.

Purchases or cash withdrawals

A visa debit card has two utilities. The first is the ability to purchase goods as per choice from select retail outlets. Usually you will find a signage in the store that says that they accept Visa debit cards. The other utility is to be able to withdraw cash. There are designated ATMs or Automated Teller Machines in which you can use the card and get to withdraw cash instantly from your own savings account. However when you use your Visa debit to withdraw cash or purchase goods you are required to verify your identity by typing in your PIN (personal identification number) into the ATM or card terminal in the store.

Visa debit

This is the first type of the product suite of a visa debit card. These Visa debit cards are usually embossed and bear the acceptance mark which enables the user to use the card in millions of locations worldwide wherever the Visa logo is displayed. The hallmark of such a card is the Visa signage or the flag symbol which appears on the front right side of the card and can be below or above the hologram.

Unembossed Visa

In such a visa debit card the appearance is just like a regular Visa card. However the difference lies in several aspects. The account number of 16 digits is printed instead of being embossed on the card. The same goes for expiration date and card holder’s name. The ‘electronic use only’ legend is located on the front of the card. There is no ‘V’ symbol embossed on the card. Since this is an unembossed card it cannot be used in a zip zap machine and can only be swiped at the terminal in the store.

Authorization Preferred

In such a visa debit card authorization from the user is mandatory at the terminal. In these types of cards a code within the magnetic strip or chip prompts the terminal for authorization.

Visa Electron

The typical signage of the Visa electron represented by a flying comet provides a wide degree of utility across over 13 million locations across the globe! You can use this visa debit card at more than a million ATMs across the world. The logo is always displayed on the front of the card. The account number can be present in part or in full. If present in part the last 4 digits only will be displayed on the card. The card will also mention the expiration date of the visa debit card. In addition the ‘for electronic use only’ legend is present on the front. THE BIN can be found directly beneath the account number of the front side. The CVV2 number is located on the back of the card only in cases where the full account number has been used.

Visa debit cards have many uses for consumers. It doesn’t matter whether you’re young, old, or have good credit, bad credit, or even if you have a bank account or not. You can use Visa debit cards in place of traditional credit cards and bank accounts, or in addition to them. You can also use these cards to help your children learn money management skills, instead of giving them a cash allowance or spending money. Whatever you choose, you can do just about anything with Visa debit cards.

For kids and adults alike, prepaid cards are a great way to get the things you need and still be able to control your spending. It’s not so simple to go into a store with a regular credit card or check card and make yourself only spend ‘x’ amount on your shopping trip. However, if you leave all of your money at home, except for the allocated amount loaded onto a prepaid Visa debit card, you’ll only spend the money that you planned on spending in the first place. Visa debit cards come in prepaid forms from a variety of sources, and are also issued by banks as part of a checking account.

The great thing about using Visa debit cards versus any other type of card is that Visa is one of the most widely accepted names in the credit card world, giving you notoriety and making you feel more important. Generally, unless the Visa card has a known name, many people won’t even know that it’s a prepaid debit card if you don’t tell them. That way, you can manage your money and not worry about people seeing that you obviously can’t get a credit or debit card otherwise.

Visa debit cards come with many different programs, designs, and even uses in mind. You can find general use cards, gas cards, store specific cards, and even bank specific cards for your checking account use. People have found endless uses for Visa debit cards. From paying bills and managing money to helping kids to control their spending, there is a seemingly endless array of purposes for Visa debit cards. The only thing that matters is that when you’re in the market for a debit card, you check out Visa to see what they can offer you. With so many choices and programs designed for all different types of customers, you should be able to easily find exactly what you want in Visa debit cards.

So 2009 is the year you want to take control of your finances! Figures show that people around the world are for the first time in decades trying to cut back on debt. One of the easiest ways to get into debt has been through bad use of credit cards. If your looking for an option that still has all the ease of use and wide acceptance of credit cards but without the monthly bills then a Visa debit card could be the answer your looking for. Most of the features of a credit card but using your own money instead of borrowing.

While a Visa Debit can be a great compliment to your credit cards, many people are choosing these debit cards as their primary card for purchases and avoiding interest fees and bills. The Visa Debit card works in much the same way as a normal Visa Card but has some advantages that the credit card does not. Although many credit cards offer rewards and incentive programs, the Visa Debit card provides direct access to the funds you have set aside just for purchasing purposes.

As well as keeping your spending in control by limiting you to what you can afford, Visa Debit can also be used for retail transactions over the phone and across the world. The card is much more secure than carrying a thick wallet full of cash around with you and offers protection against fraud and theft. Typically you will use a PIN to authorise all purchases but signature can be used as backup when selecting the ‘credit’ mode. In terms of functions and security then it is similar to a credit card but has the ease of use of a debit card.

Many banks promote the added purchase protection and security of Visa when using the CR option on the payment terminal instead of SAV or CHQ. These cards offer a specified number of free transactions per month. However, exceeding this limit could cost you in transaction fees. With the Visa Debit card becoming so widely used, this system result in changes following recent reforms introduced by the Reserve Bank of Australia.

Although EFTPOS is widely accepted in Australia, it is not accepted throughout the world. This makes the Visa Debit card superior to EFTPOS because it is accepted at millions of locations throughout the world. EFTPOS has failed to keep up with consumer demands and does not allow merchants to accept EFTPOS cards online.

One of the best features of the Visa Debit card is it’s wide acceptance anywhere you see the Visa symbol including overseas, over the phone and online. It is used with the Credit selection instead of cheque or savings. This is because it is processed by the Visa network rather than a local debit card network.

Visa not only offers a Debit card that is pre-paid, but you can also get a Visa Debit that is attached to your bank account and comes directly out of that account. This gives you more versatility when paying for purchases but can leave you spending more than you would with a pre-paid Visa Debit card. The choice is yours, pre-paid Visa Debit or one that is attached to your bank account. Either way, Visa Debit is quickly becoming the premiere debit card to use.

Best answer:

Answer by John
Unfortunately, you cannot get the cash from it. However, you can use that card anywhere Visa’s accepted. Since it’s a gift card, you cannot cash it out. Also, check the card for rules. Norton does this because it’s cheaper than sending you a check.

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Right from the 50s era, credit cards have played an important role in both small and large business transactions. The popularity towards this plastic money has steadily increased over the years and gained  immense ground on checks and cash with the introduction of debit cards. In fact, credibility or popularity rating of a trade is determined by the types of options a business owner offers to his clients. Nowadays, every business owners cards. They also offer facility of merchant account.

All business owners from their customers, and in order to do so, they need to have a valid merchant account. These merchant accounts are generally issued by financial institutions and banks and sold by exclusive merchant service providers, who are the custodians or gatekeepers of the electronic payment industry. These providers have the sole right to decline or approve each transaction. The providers also see that the business owner receives the right amount of payment from the client’s debit or credit card company. When the provider receives the payment, the providers deduct an amount towards their fees and transfer the leftover to the merchant. Having a merchant service account is very much essential for all traders, especially those who have online presence. This is the most reliable and fastest way to receive payments from the customers. Whether you own a traditional brick-and-mortar company or a restaurant, gas station, supermarket, receiving payments through cards is the most convenient method nowadays.

Nowadays, most modern men and women prefer to shop online. Gone are those days, when people had to hop from one shop to another for buying an item. Online shopping is much more cheaper and convenient. Nearly eighty percent of retail shopping are done through the internet. Hence, with times the payment method has also changed. Hence, every retailer is opting for a merchant service account. If the average sale of a retailer is more than twenty dollars, he is considered to be eligible for a merchant account. Hence, as a retailer, you should look for providers who offer the , and expand your customer base by offering various and other payment options. As a retailer you will be enjoying another advantage – and that is, normally people have tendency to spend more on shopping, if they can swipe with a card, than parting with their hard earned cash.

Question by White: What is the difference between a credit and a visa debit card?
My bank is offering me a visa debit card, but not a credit card. What’s the difference?
Also tell the difference between a visa debit and a simple debit card.

Best answer:

Answer by June
A debit card comes directly out of your checking account. A credit card is a loan from the bank.

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Norma at McDonald’s on El Camino


Image by dbootcamp08
[She didn't want her photo taken]

Has "more than one" credit card, no debit card.

Worried about security? Had wallet taken at Mervyn’s a few years ago, person walked across the parking lot and charged 0 at Sear’s before she even left the store. "But that had nothing to do with technology." Also carries cash, no security concerns … if wallet taken, "I’d be more worried about my credit cards."

Rarely uses cash. "I used cash today [at McDonald's -- coffee and San Jose Mercury News], because the purchase was less than . Most of the time if it’s less than , I decide I don’t need it or I combine it with another purchase and put it on a card. I spend little cash."

Buys online with credit card, uses both traveler’s checks and cards while traveling.

Has AmEx, CostCo, CitiBank Visa ("we just depend on it") Sears MasterCard ("rarely use"), Target card ("rarely use"), Macy’s card ("haven’t used it in a long time"), Kohl’s card ("rarely use.") Has a Mervyn’s card somewhere but doesn’t use it because Mervyn’s went out of business. (Which is unfortunate — she liked Mervyn’s stores because they had so much good value: "you could buy very inexpensive, very reasonably priced items there. If I wanted a pair of black pants, I could get them there for where they would be 0 elsewhere.")

Used her Visa at Target last to earn miles. Why don’t you use some of the cards you have? "Haven’t thought about it consciously, not sure where all of them are."

Last time you went shopping? Went to Sear’s yesterday evening, wanted to return some of the items she had bought online. Ended up buying a red shirt with the Citibank Visa. "We only go shopping when we need something, and it’s amazing how little we actually need."

Reads Consumer Reports (knew about a recent article that ranked LL Bean over Land’s End — but she still prefers Land’s End, calling it a good place to get things for her husband who hates to shop. Consistent sizes, and they can go to Sear’s to make returns.

-ChristinaC

EM Wallet MTP


Image by lauramtportugal

Image by spinnerin
I really like the interior of this place, but the hipster atmosphere can be irritating.

About twenty minutes after I took this, the server informed us that we couldn’t pay with a debit card even if it had the Visa logo prominently displayed on the front, because "it costs us more". Unless they have the weirdest credit card processing plan ever, that’s bullshit. You run it as a credit card, the bank processing the fees is going to see it as indistinguishable from a regular credit card. I think it’s more likely that the owner decided that the ATM in the corner was far more profitable and that the customers should suck it up and pay the fees themselves. Which does not really make me want to go back anytime soon.