Debit cards pull funds directly from your bank account when making purchases or withdrawing cash. Setting up a PIN and monitoring account balances via mobile apps helps avoid overspending and fees.

Today, ATMs are available in almost every village and city. You don't have to stand in long queues at banks to withdraw cash.

Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, finance, sports and video games since working for @Home Network and Excite in the 1990s. Peter managed ...

What is a Debit Card? A debit card is a payment card issued by banks as a convenient alternative to cash transactions. It ...