Navigation:Stariot New>Credit Cards>Detail

What exactly is an external debit card and how does it work?

Summary:Learn about external debit cards and how they work. These cards offer greater flexibility and convenience when traveling abroad, with lower fees and better exchange rates than traditional debit cards.

External Debit Cards: How They Work and Their Benefits

As the name suggests, an external debit card is a type of debit card that is issued by a bank or financial institution outside of the country where you reside. These cards are also known asinternational debit cardsbecause they can be used to make purchases and withdraw cash in different countries.

What makesexternal debit cardsunique is that they offer a range of benefits that are not available with traditional debit cards. In this article, we will explore how external debit cards work, their benefits, and how to apply for one.

How External Debit Cards Work

External debit cards work much like traditional debit cards in that they are linked to your bank account. Whenever you use the card to make a purchase or withdraw cash, the funds are deducted directly from your account. However, unlike traditional debit cards, external debit cards can be used to make purchases and withdraw cash in different countries.

To use an external debit card, you need to ensure that your bank account is linked to the card and that you have sufficient funds in your account. Once you have the card, you can use it at any ATM or point of sale that accepts your card's network (e.g., Visa, Mastercard, etc.).

Benefits of External Debit Cards

One of the primary benefits of external debit cards is that they offer greater flexibility and convenience whentraveling abroad. With an external debit card, you can access your funds and make purchases in different currencies without having to worry about currency exchange rates or carrying large sums of cash.

Another benefit of external debit cards is that they often offerlower feesandbetter exchange ratesthan traditional debit cards. This can result in significant savings, particularly if you travel frequently or make purchases in foreign currencies.

Applying for an External Debit Card

To apply for an external debit card, you will need to contact a bank or financial institution that offers this service. You will typically need to provide proof of identity and address, as well as information about your bank account. Once your application is approved, the card will be mailed to you, and you will need to activate it before you can use it.

Tips for Using External Debit Cards

While external debit cards offer many benefits, it is important to use them responsibly to avoid any potential risks. Here are some tips to keep in mind when using an external debit card:

- Always keep your card and PIN secure.

- Keep track of your transactions and check your account regularly.

- Be aware of any fees or charges associated with using your card.

- Notify your bank or financial institution if you lose your card or if you suspect any fraudulent activity.


In summary, external debit cards offer a range of benefits that make them a valuable tool for anyone who travels frequently or makes purchases in different currencies. By following the tips outlined above, you can use your external debit card safely and responsibly while enjoying the many benefits it offers.

Disclaimer: the above content belongs to the author's personal point of view, copyright belongs to the original author, does not represent the position of Stariot New! This article is published for information reference only and is not used for any commercial purpose. If there is any infringement or content discrepancy, please contact us to deal with it, thank you for your cooperation!
Link: the Link with Your Friends.
Prev:What is the exact name required for a debit card's "Name on Card" field?Next:--

Article review