debit card

American  

noun

1. a plastic card that resembles a credit card but functions like a check and through which payments for purchases or services are made electronically to the bank accounts of participating retailing establishments directly from those of card holders.

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debit card British  

noun

1. an embossed plastic card issued by a bank or building society to enable its customers to pay for goods or services by inserting it into a computer-controlled device at the place of sale, which is connected through the telephone network to the bank or building society. It may also function as a cash card, a cheque card, or both

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Etymology

Origin of debit card

First recorded in 1975–80

Example Sentences

Temu has seen seven straight months of double-digit U.S. sales declines, according to Consumer Edge, a firm that tracks credit and debit card transactions.

From The Wall Street Journal

“If it’s your debit card, it’s hard to get the toothpaste back in the tube.”

From MarketWatch

Still, the rewards that come with the new travel debit cards are much humbler than those of even the least generous credit cards from the same companies.

From The Wall Street Journal

The company has seen signs of strength in other areas including Venmo, across its debit card offering, and in Buy Now, Pay Later, Miller said.

From Barron's

“If you look beyond just branded checkout, you see really nice growth across Venmo, across Buy Now, Pay Later, across our debit card offering, and across our processing business,” Miller told investors.

From Barron's