Mortgages | Car Loans | Personal Loans | Debt Consolidation | Credit Reports | Credit Cards
Taxes | Managing Money | Credit Help | Checking Accounts


Checking Accounts
  -Bank Fees
  -Protecting Your Account
    -Debit Cards
  -Debit Cards

-Credit Help
-Managing Money

Auto Loans
Personal Loans
Credit Reports
Debt Consolidation
Credit Cards



There are literally millions of ATM machines located all over the world. They allow you to have access to your cash 24 hours a day, seven days a week. Automated teller machines also allow you to check your account balances, make transfers between your accounts and/or deposit funds. With the progression of technology, ATMs are offering a broader spectrum of services and functions for cardholders, i.e. online bill payment options.

When you open a checking account, your bank will provide you with an ATM card so that you can withdraw money at your convenience, avoiding trips to and waits at the bank. When debit cards were first introduced, you could only use them at ATMs. Now, these cards offer a debit feature, allowing consumers to pay for purchases.

All debit cards will have either a MasterCard or Visa logo. You can use your card wherever MasterCard or Visa are accepted. These card function similarly to credit cards. However, you can only charge as much as you have cash in your account. Also, the money is instantly deducted from your account, whereas you can pay for your credit card purchases when you want.

The convenience of ATM cards come with significant fees. For example, if you use an ATM machine to withdraw cash, that is not your bank, you will be charged a fee as much as $3.00 per use! The best way to avoid ATM fees is to become a bank member with a popular bank, like Citibank, Bank of America, Wachovia, etc.. It won't be too difficult for you to find bank locations that are conveniently located in close proximity to your home, work, etc.. Also, try and plan ahead and withdraw enough money for you to use for the week instead of having to visit the ATM daily.



Home | Apply NowCommon Questions | Contact Us

Checking Account Info:  Types of Accounts | Free Checking Offers
Check 21 | ChexSystems | Overdraft Protection

Protecting Your Accounts | Bank Fees | ATMS | Debit Cards

1998 Star Loan Services Inc.. All Rights Reserved. Privacy