Debit Cards

The easiest form of cash to carry around.

Advantages to Debit Cards

Debit Cards are easy to obtain. Once you open an account most institutions will issue you a debit card upon request. They work as an ATM card and a check. They are accepted everywhere, and convieniently pay by swiping a card instead of writing a pay check. Safely secured with a pin-code.

Disadvantages to Debit Cards

If someone steals your ID pin-code, you could lose everything. Debit Cards could be liable for fraud Debit Cards and you could get into serious trouble for that. If an ATM does not work and you have made a transaction with it, you could have lost your money on your Debit Card account.