Banking Exam Question - Write Short Notes on: Debit Card, Credit Card, Visa Card and Master Card

Introduction to Banking Cards

1) Debit Card

Debit Card means that the card used to minimize the deposited account from the bank account is kept the minimum amount remaining on its bank account. Such as ATM Card can be taken as an example.

2) Credit Card

The card provided with the facility for any bank and financial institution to provide a trusted person to the certain extent is called Credit Card. The specified fixed time should be given in the standard bank.

3) Visa Card

This is a type of international ATM card. Visa is an international banking institution, which is in the organization as members of the world. Visa Card has been accepted by the International Visa Organization. Therefore, using this card, the facility can be funded from any Visa and ATM machine written by the ATM member country.

4) Master Card

This card also has a visa card such as a international level card. This master is used to extract from the written ATM.