4 Difference between ATM Card and Debit Card

ATM Card and Debit cards are used everywhere. Both the cards are issued by the banks against the bank account. An ATM card is used to withdraw money from the ATM machine. While Debit cards come with additional features like online transaction, transaction with swipe. Debit cards are mostly used for the electronic transfers from the account associated with the card.

These days nobody wants to carry the cash. Cashless transactions are only possible with the help of banks. Banks provides difference types of banks accounts. There are many types of card available like ATM card, credit and debit cards. Banks are very important for the investments and all other online payment.

ATM cards come with few features while Debit cards have many features. There are many other differences between ATM card and debit card. In this article we will discuss in detail about the ATM card and debit card and the difference between the ATM card and the debit card.

ATM card vs debit card

Sr. no.	ATM card	Debit card
1	Used to withdraw money from the ATM machine at any time.	Is Used for payments which are done on shops and showroom in swipe machines.
2	Do not support internet banking.	Used for online transactions.
3	Maestro or plus logo on it.	Master or Visa logo on it.
4	less features	More features than ATM cards.

ATM cards

ATM cards are issued by the banks. This card is issued for the person who has the account in the bank. This card is made up of plastic and a chip is fixed. With the help of this card cardholder is free to withdraw money from the ATM machine at any time.

ATM card is generally served for the purpose like withdrawal, balance inquiry and mini statement and deposit of money by the deposit machine. Whenever an ATM card is used anywhere the bank sends alerts to the user with the information like withdrawal money, balance, location etc. These messages help to crosscheck.

Debit card

Debit cards are issued by the banks against the bank account in the bank. This card comes with multiple features. With the help of this card, customers are free to do online payment. This card is made for the payment which is done for the goods with swipe.

This card is attached with the mobile banking. Which helps customers to get notified or self-crosscheck. This card is made up of plastic and a chip is fixed in the body of the card. This card is used in ATM cards as well as swipe machines and other online payments.

Main difference between ATM Card and debit card

1. An ATM card is used to withdraw money from the ATM machine at any time. Debit card is made for the payments which are done on shops and showroom in swipe machines
2. ATM cards do not support internet banking. Debit cards are used for online transactions.
3. ATM cards come with the maestro or plus logo on it. Debit cards come with the master or Visa logo.
4. ATM cards have less features. Debit cards have more features than ATM cards.

Conclusion

ATM card and debit card both are issued by the banks. But each has its own features. A Simple ATM card is used only in the ATM machine. While Debit card is used Swipe machine s well as ATM card or other online payment with the help of internet banking.

This is all about ATM card and debit card. We hope you understand the difference very well. If you have any doubts please feel free to comment on us. For more interesting topics like this please go through our website.