New Debit Card Payment technology – Touch & Go

Touch and go is a new payment card technology that allows debit card users to quickly pay for goods and services by quickly touching an enabled debit card against a terminal.The way in which touch and go works is that there is a chip in the debit card that means that the card can be [...]

Automatic payments and your Debit Cards

It is quite common to miss regular payments, such as debt repayments, local taxes or utility bills. Debit Cards can help with auto payments.While missing payments can be for innocent reasons it can mean that the card holder suffers.  Partly this is through the fact that missing payments is often reported to credit bureaus and [...]

What to do when replacing a Debit Card

Sometimes a debit card needs to be replaced.  It may have been lost or stolen, the security details may be compromised or the card may have simply come to an end.  This will mean that a number of things will need to be replaced. The first thing to do is to cut up the current [...]

Getting into an overdraft with a debit card

Debit cards are often seen as a way to avoid the debt traps that credit cards can sometimes lead card users in to.  And by and large this is true.  However there are hidden dangers that debit card users should be aware of. Overdrafts can be, if managed well, a very useful thing for a [...]

Debit cards and interest free grace periods

One disadvantage that debit cards have compared to credit cards is that they do not have a grace period.  A grace period is an interest free period between when a card is used to buy a good and when interest starts to be charged.  It is designed to be the period between when a card [...]

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