Bank card
Encyclopedia
A bank card is a plastic card issued by a bank
to its clients that may perform one or more of the following services:
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
to its clients that may perform one or more of the following services:
- ATM cardATM cardAn ATM card is a card issued by a bank, credit union or building society that can be used at an ATM for deposits, withdrawals, account information, and other types of transactions, often through interbank networks.Some ATM cards can also be used:* at a branch, as identification for in-person...
, card used for transactions at automatic teller machines - Debit cardDebit cardA debit card is a plastic card that provides the cardholder electronic access to his or her bank account/s at a financial institution...
, card linked to a bank account and used for making purchases - Credit cardCredit cardA credit card is a small plastic card issued to users as a system of payment. It allows its holder to buy goods and services based on the holder's promise to pay for these goods and services...
, card attached to a revolving credit line
Historically
- Bankcard, defunct Australian credit card scheme
- Cheque guarantee cardCheque guarantee cardA cheque guarantee card is essentially an abbreviated portable letter of credit granted by a bank to a qualified depositor, providing that when he is paying a business by cheque and the retailer writes the card number on the back of the cheque, the cheque is signed in the retailer's presence, and...
, an almost defunct system to guarantee cheques at point of sale