Cash withdrawal card
A cash withdrawal card allows its owner in connection with a PIN via a - usually national or even global - ATM Composite money from their current accounts , savings or daily allowance - account stand out, either particularly cost-free or. This is made possible by a network of local networks of the bank's own ATMs . As a rule, this capability is built into an ordinary bank card .
Occasionally, withdrawals can also be made with a cash withdrawal card outside of the respective ATM network, but this is usually associated with considerable costs.
In the English-speaking world, the cash withdrawal card is called "ATM card" (ATM = automated teller machines).
differentiation
In contrast to a credit or debit card , you cannot pay directly with a pure cash withdrawal card - neither in the store nor online. However, the limited capabilities also go hand in hand with increased security, because it is practically worthless in the event of theft or loss without the PIN.
In some cases, nationally valid debit cards are also equipped with an internationally valid cash withdrawal function (e.g. Girocard and Visa PLUS function in one card).
Travel fund
Internationally valid cash withdrawal cards are ideal for the travel budget. There are usually fees for withdrawals abroad. The Stiftung Warentest recommends a mix of cash, checks, debit and cash withdrawal card as a travel fund, if the card is lost, stolen or damaged.
Examples
- VISA PLUS from VISA
- Cirrus from Mastercard
- EUFISERV , Europe-wide ATM network of the savings banks
- Bankcard service network , Germany-wide ATM network of ATMs from most of the cooperative banks (Volks- and Raiffeisenbanken)
- Cash Group , Germany-wide ATM network of ATMs from Commerzbank , Deutsche Bank , HypoVereinsbank , Postbank and the subsidiary banks
- Cashpool , Germany-wide ATM network of ATMs and the like a. the BBBank , Netbank , Santander Consumer Bank , Sparda-Bank-Gruppe , Südwestbank , Targobank
- Multibanco , standardized ATM network for all banks in Portugal
Individual evidence
- ^ Stiftung Warentest: Special Reisekasse , test.de April 17, 2012
