Most customers feel comfortable using their ATM card to withdraw money from Automated Teller Machine (ATM). Some go the extra steps to use it to pay for goods and services in the Point of Sale and make online transactions.
However, ATM card can be useful to customers and totally transform transaction life.

6 Usefulness Of Your ATM Card

Here are few tips on how the debit card can serve the owner:

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

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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 to other 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 card. 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.

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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 card.
Again you will need to punch in your PIN and then follow the commands that appear on the screen till the time you are done refilling your account. However, do take care to remember the amount for which you need the refill. Your service provider should support the amount you key in.

5. Pay your utility bills
This is one facility that helps you cut through long, serpentine queues. Your ATM card will help you make payments on all these consumer services. Just find the nearest ATM centre, be ready with your PIN and you won’t have to spend hours standing in the scorching sun to make your utility bill payments.

6. ATM cards as debit cards
This is one facility that spendthrift consumers should take advantage of. If you have enough cash in your bank account, then you can always flash your ATM card to buy and pay through the Point of Sale machine. The transaction process works the same way with your credit card. The only difference being the use of debit card at a merchant’s outlet will make you poorer by the transaction amount immediately. But then, this is always better than using a credit card considering the amount of complaints you may have against your credit card company.
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