With a bank account, you are not just
able to deposit, save and grow your money, but also make payments.
Debit cards, checks, automatic payment, cyber and phone banking all allow you to make payments and financial transactions directly from your bank account, without the hassle of handling cash.
While a credit card is a way to "pay later", a
debit card is a way to "pay now". When you use a debit
card to make purchases, your money is quickly deducted
from your bank account.
