Most customers feel comfortable using their debit cards to withdraw money from the Automated Teller Machine.

Some have gone the extra steps of using it to pay for goods and services at the Point of Sale machine.

However, the plastic can do a lot for customers and totally transform their transaction life if they are careful and versatile with its usage

A report by www.rediff.com gives more tips on how the debit card can serve the owner.

1. View account balances

With your card, you can visit the ATM, insert the card, and punch in your Personal Identification Number. Select view account balance to know your balance.

2. Get mini statements

Mini statements are the shortened version of what your bank sends to you after every three months. That is your bank account statement.

The bank can also provide you with a printed passbook detailing all the transactions you have done in a particular month. But if you hate going to your bank because of the long queues and pesky customers surrounding the bank’s teller inquiring about their accounts, your ATM card can be used to give you a mini statement on the go. This statement gives details about the last five to six transactions on your bank account.

3. Transfer money between accounts

You have two different accounts with the same bank or different banks, you can transfer the funds to the account of your choice. For instance, if your salary is paid into a particular bank but you prefer to keep your money in another bank, you can always transfer the funds to your preferred account using your ATM. Go to your bank’s ATM, follow the procedure and transfer funds from the first account to the second account. You can use it to pay into another person’s account.

4. Refill your prepaid SIM card

Modern-day technology has helped interconnect telecommunications with your bank account. Now you can even refill or recharge your prepaid SIM card at your bank’s ATM.

Again you will need to punch in your PIN

Read more: http://www.istylmagazine.com/news/technology/seven-things-your-atm-card-can-do/

May God bless u for the information.. ...