Debit card refers to a bank card issued by the issuing bank to the cardholder. It has no credit limit and the cardholder deposits first and uses it later. Debit cards are divided into corporate cards and personal cards according to the issuing objects, VIP cards and ordinary cards according to the customer level, and magnetic stripe cards, IC cards, and magnetic stripe chip composite cards according to different media. Debit Card Function 1 Deposit and withdraw cash. Most debit cards have local and foreign currency, fixed-term, current and other savings functions. Debit cards can be deposited and withdrawn at the issuing bank outlets, self-service banks, and ATM machines (cash machines) across the country and even around the world. 2 Transfer money. Cardholders can transfer or remit money to other accounts through bank branches, online banking, self-service banking and other channels. 3. Spend by swiping your card. Cardholders can use their debit cards to make purchases at merchants. 4 Collection and payment. Debit cards can be used to pay wages and pay various fees (such as communication fees, water bills, electricity bills, gas bills, etc.). 5 Asset Management. Wealth management products, open-end funds, insurance, personal foreign exchange transactions, precious metal transactions, etc. can all be signed, traded and settled through debit cards. 6 Other services. The services of many bank debit cards have extended beyond financial services, such as providing cardholders with airport VIP access, medical and health services, etc.