One of the biggest benefits of a checking account today is the ability to use a debit card to make purchases anywhere Visa cards are accepted, and with Mercer Savings Bank checking account options, the Visa debit card is included, absolutely free.
Mercer Savings Bank’s Visa debit card can be used in one of two ways:
- As an ATM card: Access your funds and withdraw cash at an ATM any time, day or night, by using your Visa debit card and your PIN.
- As a credit or debit transaction through a participating retailer: Make purchases from your checking account balance anywhere Visa cards are accepted, including making online purchases!
While debit cards look like credit cards, they function differently. Instead of accumulating and paying off a debt (borrowed) balance the way credit cards work, your debit card is tied directly to your checking account. So, when you make a purchase using your debit card, the funds are deducted from your checking account balance, usually immediately.
Rather than needing to carry cash or write checks for everyday purchases, your debit card allows you to make purchases at any of the millions of merchants worldwide that accept Visa cards. Use it for your morning coffee, to fill up your car’s gas tank, to pay for dinner, to buy that new pair of shoes, etc. You can also use your debit card for online purchases, and it can be used for scheduled, recurring payments, too.
Tip: Remember to deduct any pre-authorized debit transactions when you’re balancing your checkbook so your account does not inadvertently go negative.
And if your card is ever lost or stolen, one call to Mercer Savings Bank will cancel your card and get a new card with a new number issued promptly. That’s a big benefit when you consider the impact on your finances if you were to lose a wallet full of cash.
Visa debit cards are convenient, safe and are readily accepted at most merchants in the U.S. To learn more about the benefits of Mercer Savings Bank’s free debit cards, and to discover why residents of Mercer and Darke Counties have placed their trust in us for more than 125 years, contact us today in Celina, Ft. Recovery or Greenville.