How do I check the value of my debit card?
Andrew Campbell
Updated on January 23, 2026
You can check your debit card balance in multiple ways:
- Log in to your online account on your bank’s website;
- Use your bank’s mobile app.
- Call your bank.
- Text your bank.
- Check your account balance at one of your bank’s ATMs.
- Ask a bank teller by going to one of your bank’s branches.
Is debit card worth?
A debit card is better for cash withdrawals and helps to avoid overspending and debt. For cash withdrawals at ATMs, your debit card is the best option. You’ll keep fees at a minimum, and your card information is unlikely to get stolen if you stick to safe ATMs.
Is a debit card your own money?
Debit cards typically pull funds from a checking account, while credit cards charge purchases using a line of credit. With a debit card, you’re spending money from your own funds.
Which is the most valuable debit card?
The Centurion® Card from American Express (Review) is generally considered the most expensive credit card; it charges a $10,000 initiation fee and a $5,000 annual fee. It’s only available by invitation. The Mastercard® Gold Card™ (Review) is the priciest card that anyone can apply to thanks to an annual fee of $995.
How do I know if my debit card is working?
Call the phone number on the back of the card and enter your card number when prompted. Your debit card company may have an automated system that will verify whether your card is activated and walk you through activation if it is not.
What are disadvantages of debit cards?
No grace period. Unlike a credit card, a debit card uses funds directly from your checking account.
What Debit cards do billionaires use?
5 Credit Cards for the Super Rich
- American Express Centurion Card.
- JP Morgan Chase Palladium Card.
- Dubai First Royal MasterCard.
- Stratus Rewards Visa Card.
- Coutts World Silk Card.
Are there any fees to use a debit card?
Debit cards won’t typically have fees for everyday use, but there are fees in some cases: Overdraft fees. If you overdraft your account with a purchase, you may incur a fee. ATM fees. Many banks don’t charge for in-network ATM withdrawals.
What are the benefits of having a debit card?
Another benefit of debit cards is that if you need access to cash, your debit card doubles as an ATM card. When you use the ATM, you withdraw money directly from your account, and you can often do so with no fee if you use an ATM in your bank’s network.
Which is the best debit card with cash back?
Axos Bank (formerly Bank of the Internet Federal Bank) offers a cash back debit card. It also reimburses you for domestic ATM fees. Rewards: Earn 1% cash back on purchases that require a signature, but only if you maintain a daily account balance of $1,500. If your balance drops below $1,500, you earn 0.50% in cash back.
How is a debit card different from a credit card?
Debit cards are issued by your bank and work as a combination ATM card and credit card. However, unlike a credit card, a debit card links directly to your bank account, using the money you have on deposit to pay for your purchase or make your ATM withdrawal digitally.
