What is a debit card
A debit card is a bank payment instrument that allows you to use your own funds stored in a bank account. Unlike a credit card, it does not involve the use of borrowed money, i.e. credit. The cardholder can spend only the amount actually available on his or her account.
Such cards are issued by banks in cooperation with international payment systems such as Visa or Mastercard. They can be plastic or virtual, which makes them more convenient to use. Globus Plus, for example, offers its customers a modern debit card called GlobusPlus Light with a wide range of functions and contactless payment options.
How to use a debit card
Using a debit card is a simple and intuitive process. Once activated, the cardholder can perform a variety of transactions:
- pay for purchases in stores;
- order goods on the Internet;
- make transfers between accounts;
- withdraw money from ATMs.
The account must have a sufficient amount of funds to make transactions. You can top up your card in various ways:
- through the bank's cash desk;
- via self-service terminals;
- by transferring from another card;
- by receiving a salary or other income.
In addition to regular cards, there are foreign currency debit cards. They allow you to store and use funds in foreign currency, which is especially convenient for travelling or international payments. Such cards are used in the same way as hryvnia cards, but with exchange rate differences taken into account when converting currencies.
Benefits of a debit card
Debit cards have a number of features that make them attractive to users. Here's what makes them so popular:
- ease of use for everyday payments;
- the ability to easily withdraw cash when needed;
- no risk of debt to the bank;
- the ability to control expenses in real time;
- security of storage of funds compared to cash;
- access to online banking services;
- the ability to receive cashback for purchases;
- speed of transactions;
- ease of use abroad.
These advantages make debit cards an indispensable tool for effective personal money management. They help you develop good financial habits and promote a more conscious approach to spending.
How to get a debit card
Getting a debit card is a quick and convenient process. For example, to get a GlobusPlus Light, you just need to download and complete a quick registration in the Globus Plus mobile application. In the main menu, click on ‘New Cards’ and select GlobusPlus Light. Then you should activate the card by following the instructions, and you can start enjoying all the benefits of a convenient payment instrument.
The GlobusPlus Light debit card is a modern banking product that combines functionality and favourable terms of service. It allows you to enjoy the benefits of mobile banking, receive rewards for purchases and 5% interest on your own funds balance. It also has other advantages:
- cashback of up to 20%;
- the ability to withdraw cash in the amount of UAH 10,000 per month without commission at cash desks in various outlets throughout Ukraine;
- free crediting of funds;
- possibility of replenishment without commission at City24 and EasyPay terminals or in the mobile application.
Using a debit card is a step towards effective financial management. Daily use of the card eliminates the need to always have cash on hand and helps you develop good financial habits. Every day, more and more people choose this convenient and reliable way to manage their money, as it is ideal for a fast-paced lifestyle and to be always in plus 🧡
