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Just received my Platinum debit card?
I recently opened up a bank account to wells Fargo so i can put my financial aid(I am a College Student) check into the bank. I was received an instant debit card along with opening the account , and i know an instant debit works. Today i received my "Platinum" debit card, and reading the letter, it says i have a $310 limit. Does that mean i can use that money freely and not pay it back? or does that work the same way as credit cards?
2 Answers
- Anonymous7 years agoFavorite Answer
A debit card takes the money directly from your own bank account. That is YOUR OWN $310! It is not a credit card.
Source(s): personal experience - 7 years ago
No... what it acts like.. is an ATM card, that when you buy things, you dont get charged fees...