Debit & Credit card

Best Debit Cards USA | Top 4 Debits Cards In USA (2021)

Are you interested in a debit card and you don’t know which one to choose? If so, you should know about the best debit cards in the USA. Through these, you will have the possibility of carrying out operations such as purchases in commercial establishments, withdrawals in the ATM network, and transactions by electronic means throughout the United States.

What is a Debit Card?

What is a Debit Card

The debit card stands as a plastic bank card measuring over eight × 5 cm with a magnetic stripe on the back and includes an electronic chip that stores information on access data, name, and account number of the holder. It usually aids users in carrying out active and passive financial operations and other types of procedures. 

In debit cards, the money used is debited from the owner’s account, not being money that the bank lends him as with credit cards. Certain banks make agreements with clients so that they can extract money. This in itself generates a loan with their interests. In addition, the annual fee is cheaper than that of the credit card or even free, is one of the most used means of payment in the world. 

Types of Debit Cards

Types of Debit Cards

The debit card can be either immediate or deferred. There are differences between the two options, which are as follows:

Immediate debit

When it is immediate, the amount paid or withdrawn gets direct debit, the same day or the next day. The account receives debit every day if you make withdrawals or payments every day. To summarize, the bank account gets a debit as soon as a purchase or a retreat.

There is also an overdraft limit established by the bank, beyond which it is impossible to go. For example, if your authorized overdraft limit is $10,000, if you reach it, you will most likely have to pay fees, and you will not be able to go up to $12,000, for example. You will then have to credit your account with a transfer, for example.

Deferred debit

With a deferred debit, the account gets a debit only once a month, and you will discuss the date of this debit with the bank. However, a cash withdrawal from an ATM will get immediate debit from the holder’s bank account, even with a deferred debit.

Immediate and deferred debit cards have different costs, so you should check with your bank to find out exactly what they cost and to be able to compare them.

Best Debit Cards USA: Available Benefits 

Available Benefits

Everyone is used to the ease of handling, using, and exchanging products for cash. Holding a banknote or coin is quite natural even for the youngest – even though using them wisely is, unfortunately, a privilege for few. Used for day-to-day business transactions, we now have the possibility of using a tool capable of replacing money, but without changing our routine. This is the debit card. Some of its benefits include:

More rewards

Some of the best debit cards in the USA offer rewards for accumulating points with purchases. On many occasions, they also allow you to enter contests and chances to win various prizes.

It is impossible to get into debt 

One can’t get into debt with a debit card. This is valid since the money is extracted directly from the account when purchasing or withdrawing cash from an ATM.

Protects against counterfeit money

The use of a debit card avoids the inconveniences of cash, such as the lack of exact change in shops, receiving change in small denominations, or the risk of receiving counterfeit bills.

Best Debit Cards in the USA

The best debit card shouldn’t be a nuisance or a source of expense. Its function is to allow you to pay for your day-to-day purchases comfortably and safely without having to carry cash. That is why we have selected the best debit cards so that you can choose the one that suits you best. Come along!

American Express Bluebird debit Card

The American Express Bluebird debit Card, available in the USA, is an excellent choice for many. 

Benefits of the American Express Bluebird debit Card

This debit card comes with various benefits. This includes the following:

  • Free ATM withdrawals at MoneyPass network ATMs 
  • Fees of over $ 2.50 fee at other ATMs, plus ATM operator fee.
  • Easy direct deposit, debit card transfer, card-to-card transfer, mobile check deposit (with a third-party fee for instant processing), and cash loading at Walmart or other stores. 
  • No monthly fees or costs for online activation or inactivity
  • Four sub-accounts for family members.
  • No credit score check is required.
  • Check writing
  • A separate account for savings
  • No commissions on purchases

See more about Top 5 Coolest Debit Cards

Requirements to get the American Express Bluebird debit Card

To apply for the American Express Bluebird debit Card, you need to visit your closest bank branch. They will ask you to meet the following requirements:

  • Proof of current residential address for no more than three months.
  • Valid photo ID.
  • In agreement with the bank, they can request more requirements.

The NetSpend Visa Prepaid Debit Card

The NetSpend Visa prepaid debit card is excellent in the USA. Meta Financial Group Inc., more commonly known as MetaBank, usually issues the card. 

Benefits of the NetSpend Visa Prepaid Debit Card 

Some benefits of the NetSpend Visa Prepaid Debit Card include:

  • There is no activation fee, and direct deposit refills cost nothing. 
  • Each cash withdrawal at ATMs inside and outside the issuer’s network results in a $2.50 charge. 
  • Ultimately, the payment version of the NetSpend card is best suited for individuals who regularly make a limited number of transactions per month.  
  • It is also great for people who can avoid transaction fees or potential transaction budget fees on the money they are willing to spend each month. A monthly fee version of the NetSpend card may be a better option for individuals who want the freedom to transact without worrying about per-transaction costs.

Requirements to get the NetSpend Visa Prepaid Debit Card

To apply for the NetSpend Visa Prepaid Debit Card, you need to visit your closest bank branch. They will ask you to meet the following requirements:

  • A valid passport
  • A valid diplomatic passport
  • Be a natural person
  • Proof of residential address no longer than three months.
  • An official identification with a good photo.

In case of being a foreigner, present:

  • Temporary, multiple, or permanent migratory forms
  • A consular registration
  • A diplomatic card

Discover Cash Back Debit card

The Discover Cash Back Debit card is another excellent choice regarding the best debit cards in the USA.

Benefits of the Discover Cash Back Debit card

Some benefits of this card include:

  • No annual fees, which makes it the cheapest card on the market
  • It has a rewards program that consists of returning 1% of your expenses in cash.
  • Remote blocking of cards if lost 
  • Prompt activity alerts

Requirements to get the Discover Cash Back Debit card

To apply for the Discover Cash Back Debit card, you need to visit your bank branch. They will ask you to meet the following requirements:

  • Proof of residential address no longer than three months.
  • An official identification with a good photo.
  • A valid passport
  • A valid diplomatic passport
  • Be a natural person

Walmart MoneyCard Visa with Cashback Rewards

This stands as one of the best cards in the USA.

Benefits of the Walmart MoneyCard Visa with Cashback Rewards

Some benefits you can get with this card include:

  • 1% discount at Walmart stores 
  • 3% cashback on all purchases at Walmart.com
  • Free direct deposit
  • Mobile check deposit
  • Online bill payment

Requirements to get the Walmart MoneyCard Visa with Cashback Rewards 

To apply for the Walmart MoneyCard Visa with Cashback Rewards, you must visit your closest bank branch. They will ask you to meet the following requirements:

  • An official identification with a good photo.
  • A valid passport
  • A valid diplomatic passport
  • Proof of residential address no longer than three months.
  • Be a natural person.

Frequently Asked Questions

Which debit card is best for international transactions?

The Capital One 360 stands as the best.

Which prepaid card has the highest limit?

The ACE Elite™ Visa® Prepaid Debit Card has the highest limit.

Which banks give debit cards immediately?

The following bank usually gives debit cards immediately:

  • American National Bank & Trust Company.
  • Altra Federal Credit Union.
  • First United Bank & Trust.
  • Navy Federal Credit Union.
  • First National Bank and Trust Company.
  • IBC Bank.

Which bank has no monthly fees?

The Discover Bank has no monthly fees.

Can I buy a reloadable debit card?

Yes. You can buy a reloadable debit card at pharmacies, grocery stores, and other retailers.

Is there a debit card with no monthly fees?

Yes. The American Express Bluebird debit Card has no monthly fees.

Which is better, debit card, Visa, or MasterCard?

The VISA and Mastercard both offer similar benefits. Thus, their use will depend on your preference.

Conclusion

In conclusion, debit cards have various benefits. And if you desire to enjoy them in the USA, the highlight of the best cards above would aid you immensely.