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What is an “everyday” debit card transaction?

April 26, 2017Debit card everyday transaction

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What is an “everyday” debit card transaction?

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An everyday debit card transaction is a one-time (non-recurring) PIN or signature-based debit card transaction that is typically conducted at a point-of-sale. For instance, a purchase at the grocery store or made online using your debit card are examples of one-time, everyday debit card transactions. By contrast, automatic monthly payments such as a gym membership or utility bill that have been set up using your debit card are examples of recurring debit card transactions.

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A. An everyday debit card transaction is a one-time, non-recurring purchase or payment made with your debit card. This might be a purchase at a grocery store, gas station, or any other everyday purchase with your debit card.