![]() When you make purchases with your INTRUST Visa debit card, you don’t have the opportunity to earn rewards as you do with some credit cards. Using yourĬredit card can be a good idea if you’re concerned about a purchase hold on your debit card affecting the available balance in your checking or spending account. ![]() However, some holds can last up to three days. Most holds will go away overnight, and your account will soon reflect the correct purchase price. More expensive than the final purchase price because the merchant is estimating the amount. Some merchants, such as gas stations, hotels, and car rental companies, may request a temporary transaction hold on your debit card to ensure you have enough money in your account to cover the final cost of the transaction. Debit card considerationsĪlthough there are many advantages of using a debit card, it’s also important to consider the following factors. ![]() On your credit card, and only charging your credit card for what you can afford to pay back each month, may help you avoid getting too deep into debt. Intentionally using your debit card to help keep your spending low Since your debit card is connected to your checking or spending account and you’re spending your own money when you make purchases with it, you aren’t increasing your debt. Helps you potentially avoid getting too deep into debt This can make the process of paying down your credit card debt feel more manageable. You may want to consider using your debit card for purchases instead of your credit card. If you’re in the process of paying off credit card debt, Making purchases with your debit card may allow you the flexibility to spend without the worry of increasing your credit card debtĪnd using too much of your credit limit, which can affect your credit report. Your checking or spending account activity is generally not reported to credit bureaus whereas your credit card account is. Some credit cards charge annual fees, and it’s important to know what that fee is and if the credit card you’re applyingįor is an affordable option for your budget. Your Visa debit card comes free with your checking or spending account and is free to use. When you use a credit card to withdraw cash from an ATM, you’re taking a cash advance (more on that below). No ATM fees at certain ATMsĪs an INTRUST customer, when you use your debit card to withdraw cash from an INTRUST ATM or an ATM within our partnership network, you won’t pay an ATM fee. With Visa’s Zero Liability Policy, you are not responsibleįor unauthorized transactions 2 if you report the transactions as soon as possible. If your card is permanently lost, stolen, or you notice purchases that you don’t recognize, you should immediately report that to INTRUST Bank so we can help limit fraudulent activity. If you locate your card, you can switch it back on. If you misplace your debit card, you can use Card Management within online and mobile banking to turn your card off so that no unauthorized transactions can be made.
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