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Debit Den A debit card looks a lot like a credit card, but its not quite the same. You can usually use your debit card at stores and restaurants places you might use a credit card. But rather than receive a bill for what youve bought, the money is withdrawn straight from your account. In that way, its a little like a check. But thats not all debit cards can do. Believe it or not, this bears den is one of the stops Jeannie makes when she needs cash on the mountain. Youve probably seen ATMs, or automatic teller machines, like this one in banks, stores, and restaurants. And you may have seen people getting cash from ATMs, too. But these machines dont give out free cash the money comes from your bank account. To use an ATM, you just swipe your card and then enter your PIN, or personal identification number the secret password you need to get to your account. Once youve entered that number, its easy to withdraw money. You just choose the account that you want to withdraw from, type in the amount of money that you want, and wait for the cash to come out. You should probably take a receipt when youre done, just so you can keep track of your account. And dont forget to take your debit card! (Warning sign by the bear: Be sure to keep your PIN a secret!) |
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