A debit card is a payment card linked directly to your checking account. When you make a purchase or withdraw cash from an ATM, the money comes out of your account right away (or within a day or two).

Unlike a credit card, you're spending money you already have, not borrowing it. This makes debit cards a straightforward way to access your funds without carrying cash - you can use them for everyday purchases, online shopping, and bill payments. Most debit cards also work as ATM cards, letting you check your balance and withdraw cash. While they offer convenience, it's important to track your spending since the money leaves your account immediately, and overdrawing can trigger fees. Many debit cards also come with fraud protection, though it's typically not as robust as credit card protection.