How long to get a debit card? It takes around 7 to 10 days to receive a debit card. As soon as your application is approved, your card will be delivered to your home address through USPS mail.
WHAT IS A DEBIT CARD?
A debit card is a payment card (made of plastic), which can be used instead of money while shopping. It is also known as a plastic card, bank card, or check card.
In many countries, such as most of Western Europe, debit card use has become so common that they have overtaken checks in volume or entirely replaced them, and in some instances also largely replaced cash transactions.
This allows the immediate withdrawal of cash, acting as an ATM card for this purpose.
TYPES OF DEBIT CARD SYSTEMS
Three ways, online debit, offline debit, and the Electronic Purse Card System can process debit card cash transactions.
A card includes the functions of all these types so that it can be used in a number of different situations.
1. ONLINE DEBIT SYSTEM
The online debit system is also known as PIN debit. Online cards require electronic authorization of each transaction.
This transaction is secured with the Personal Identity Number (PIN) authentication system. This online system also shows the live status.
This reduces problems with processing lag on transactions that may only issue online debit cards.
2. OFFLINE DEBIT SYSTEM
Offline debit, also known as signature debit, is used at the point of sale like credit cards, with the signature of the payer.
Offline debit cards have a daily limit or maximum limit, which equals the checking account balance from which it draws funds.
Cash transactions through offline debit cards take 2 to 3 days to be reflected on users’ account balances.
3. ELECTRONIC PURSE CARD SYSTEM
These are the smart cards, in which the balance is stored on the card chip, not in a recorded account, the machines accepting the card need no network connectivity.
This system has been in use throughout Europe since the mid-1990s. The Electronic Pulse system is now common in many countries.
HOW LONG TO GET A DEBIT CARD?
You have to wait for 7 to 10 business days to get a debit card, while your application will be processed and the account number will be issued to you within two business days.
Your card will be sent to you at your home address through USPS mail. Most banks require small deposits to open an account, which range from $25 to $100.
This money goes into your account, but if you are opening an account online, you can set up an online transfer from another account.
Bank cards are very inexpensive to use. It comes free for the first time, but banks charge a fee for services like reissuing the debit cards to annual maintenance charges.
HOW TO GET A DEBIT CARD?
Debit cards are universally accepted as a source of payment at outlets and on the internet. They have minimized the amount of cash you carry.
Here is what you need to know about getting a debit card:
OPEN AN ACCOUNT
The account can be opened either online or in person at a bank branch. Go to websites (those who are opening accounts through online sources) or visit a bank branch and fill out an application.
This will require valid identification like a driving license and passport. The online application requires a photograph and mobile number.
Many accounts ask for no minimum balance, but some will ask to deposit at least a small amount of money to open an account.
REQUEST A DEBIT CARD
If a person is applying for an account at a bank branch, then most probably, he will get a debit card immediately.
Many bank branches create a personalized debit card on-site, while some branches give a temporary card and then mail a personalized version within a few days.
If one is applying online, then he may have to wait up to 7 to 10 business days before a new debit card arrives in the mail.
ACTIVATION OF DEBIT CARD
If a person gets a personalized bank card at a branch, then the bank employee, who helps you with your application, will handle the activation process of the debit card, but, if a person receives his debit card by mail, he will need to activate it himself, by phone or online.
He will be asked to choose a Personal Information Number (PIN), this is a four-digit code used at ATMs to withdraw cash. In this way, your debit card will be issued.
HOW LONG DOES IT TAKE TO GET A DEBIT CARD IN THE MAIL?
How long does it take to get a debit card in the mail? When your application is accepted, it takes almost seven to ten days to get a debit card in the mail.
Banks take too long because they do not have a private sector that makes cards, so they send them to the main branch.
Once your card is ready, the main branch will mail it to your branch, when your bank gets the mail, they will call you to receive it.
HOW LONG DOES IT TAKE TO GET A DEBIT CARD FROM WELLS FARGO?
How long does it take to get a debit card from Wells Fargo? You will receive your debit card within five to seven business days from Wells Fargo.
Wells Fargo is actually an American multinational financial services company. For new cards, if you did not select the PIN when you requested your card from Wells Fargo, then you will receive a system-generated PIN in the mail a couple of days after you receive your card.
With your Wells Fargo Debit Card, you can get cash, make payments and purchases, and manage your money at ATMs using your physical card or a digital wallet.
Call 1-800-932-6736 to request the Wells Fargo debit card for your checking account.
HOW LONG TO GET A DEBIT CARD FOR UNEMPLOYMENT?
Debit cards for unemployment take more than three weeks to process a claim for unemployment benefits and issue payment to most eligible workers.
If you choose to receive payments through a debit card, Bank of America will mail you a card once unemployment benefit payments are available.
If you did not receive your card within the expected timeline, then get in touch with unemployment to explain your situation.
You can call the customer service number provided for handling debit card issues, and make sure your claim was approved.
Once you get it, activate it and set up a PIN in order for it to receive funds from the government. Payments are mostly made on a weekly or biweekly basis, depending on the location.
HOW LONG TO GET A DEBIT CARD REFUND?
A debit card refund takes a few days to process; mostly it depends on the bank branches. Sometimes, they take 7 to 10 working days, while in the best-case scenario, they could take up to 3 days.
The banks do not issue an immediate refund to your debit card. In the UK, it takes 15 days to get refunds for your debit card.
Debit card refunds are provided by the Agency, in cash, and the process takes place through the Card Transaction Query.
Agency documents the transaction as an offline process. OTCnet records the transaction data for the cash refund.
HOW LONG TO GET A REPLACEMENT DEBIT CARD?
Getting a replacement debit card takes about a week. If your old debit card is expired or no longer works, then your replacement debit card will have the same card number and PIN and you can activate it immediately.
If your card is stolen or lost, then you have to cancel your card, your advisor will order a replacement card for you and it will have a new card number and new PIN.
If your VISA card is about to expire, they will automatically replace it and you will get your replacement debit card about 2 weeks before the end of the expiry date.
HOW TO GET A DEBIT CARD FOR PAYPAL?
How to get a debit card for PayPal? To get a PayPal Cash Card, you will need a personal PayPal Cash Plus account.
A debit card for PayPal is called a PayPal Cash Card. Click “Get The Card” on the page and follow the instructions in order to request your card.
You will need an active phone number, your address, date of birth, and your Social Security number. You are not charged to own a PayPal Cash Card.
There is also no fee to purchase in-stores or online using your PayPal Cash Card, or when you withdraw at MoneyPass ATMs; both the ATM surcharge and PayPal fees are waived.
HOW LONG TO GET A CHASE DEBIT CARD?
You will be able to get your Chase debit card when they open a new checking account. You will receive the card within three to five days after opening a new account.
If you do not receive your card within a week, then sign in to Chase Mobile App, choose “Did not receive card” and follow the instructions. You can also use Chase Mobile App to replace your damaged or lost card.
- Sign in to the Chase Mobile App.
- Once you are signed in, tap the credit card you want to replace or the checking account for a debit card
- Now click on the “Replace a lost or damaged card” option.
- Choose the card you want to replace and then a reason for replacement.
- Submit your request.
HOW LONG TO GET A DEBIT CARD FROM BANK OF AMERICA?
A new or replacement debit card from Bank of America takes 4 to 6 business days. If you need it sooner then download the Bank of America Mobile App and request a digital version of a card to use while you are waiting. Bank of America offers various convenient ways to order a bank card.
You can order through their official website, by signing in to the mobile app or you can contact 800.432.1000 on weekdays from 8:00 A.M. to 11:00 P.M., while on weekends from 8:00 A.M. to 8:00 P.M. Customers outside the United States can call 1.315.724.4022.
If you request rush delivery of your card, they will apply a $15.00 fee per card. Likewise, there is a fee for each bank card replacement you request, which is $5.00. A replacement fee does not apply when they replace an expired card.
HOW LONG TO GET ALLY DEBIT CARDS?
Customers will get their new bank cards and checks in the mail within 10 business days after Ally Bank receives their opening deposit. If you do not receive your debit card or checks at the given time, then call 1-877-247-2559.
If your card is lost or stolen, then immediately call this number. They will cancel your card and issue a replacement card. You can also write at,
P.O. Box 951
Horsham, PA 19044
WHEN WILL MY DEBIT CARD EXPIRE?
The expiration date of the debit card is written on the front bottom of your card. The bank will notify you around 30 days before it expires and reissue you a new card with a new expiration date.
ADVANTAGES OF DEBIT CARDS
- Carrying a bank card is easier and safer than carrying a big amount of cash.
- Debit cards are easily obtainable. Once you fill the application in the bank branch, you will get your card on the spot or within a few days.
- If your card is stolen or lost, no unauthorized activity can occur, because your PIN is required for any purchase.
- It is easy to use in a way that as compared to taking the time to write out a check, you can just enter your card’s chip or swipe your card.
DEBIT CARDS AROUND THE WORLD
In some countries, banks charge a small fee for each debit card transaction. In some countries, the merchants bear all the costs, and customers are not charged. Bank cards are routinely used for all transactions. Some information on debit cards in different countries around the world is given below:
Cards in Australia have different names depending on the issuing bank, for example, FlexiCard, Handy Card, Easy Money Card, etc.
Electronic funds transfer at point of sale – EFTPOS (online debit cards) are important in Australia. Only 14 or older can receive a debit card. Citibank, ME Bank, Bendigo Bank, Bankwest, Westpac, Macquarie Bank, etc. are the common debit card issuers in Australia.
In Belgium, cards are commonly accepted in businesses, also in most hotels and restaurants. All the banks in Belgium provide debit cards when a bank account is opened.
Only a few banks charge a fee for using bank cards on ATMs that are not owned by the issuing bank.
In Brazil, debit cards are known as cartão de débito, these got popular in 2008 and on. In 2013, the 100 Millionth Brazilian debit card was published.
Most financial transactions like shopping are made using these cards. The major card issuers in Brazil are Visa, MasterCard, and Elo.
Interac Direct Payment (IDP) is the most popular payment method in the country. A debit card is referred to as Bank Card.
It provides access to transferring funds, paying bills, checking balances, etc. In Canada, the financial institutes that offer cards include RBC, TD, Visa Debit, CIBC, and Scotiabank.
Most cards in Hong Kong for current accounts are equipped with UnionPay and EPS which function like debit cards.
EPS is an electronic payment system based only in Hong Kong. Debit cards are not so common in Hong Kong.
In Ireland, debit cards are entirely based on Chip and PIN. Visa Debit and MasterCard debit are only used by some institutions.
These cards are multi-functional and combine ATM card facilities. These cards are mostly processed online, but some of them can also be processed offline depending on the rules applied by the card issuer.
In Italy, there are both Classic and Prepaid cards. The classic debit card is Bancomat, PagoBancomat. Bancomat is the commercial brand for the cash withdrawal circuit, while PagoBancomat is used for POS transactions. Mastercard’s Maestro is the main international debit circuit used in Italy.
In the Netherlands, EFTPOS is called Pinnen. PINs are used for ATM transactions, which are usually free to the customer, but the retailer is charged per-transaction and monthly fees.
All banks provide a debit card suitable for EFTPOS with current accounts. Most bank cards in the Netherlands are Mastercard Maestro cards and Visa’s V Pay cards.
In Poland, Orbis operated the first system of electronic payments that was later changed to PolCard in 1991. Visa Electron and Maestro, in Poland, work as standard debit cards. In the late 2000s, contactless cards were introduced there.
The largest prepaid debit card company in the United States is Green Dot Corporation. The interbank networks operate both ATM and POS networks.
Cards are usually issued with a MasterCard, Visa, Discover, or American Express logo allowing the use of their signature-based networks.
FREQUENTLY ASKED QUESTIONS (FAQs)
Some important questions regarding how long to get a debit card? are as follows:
1. What is the difference between a debit card and a credit card?
A debit card allows a person to spend money by drawing on funds, which he has deposited at the bank, while a credit card allows one to borrow money from the card issuer up to a certain limit to purchase items or withdraw cash.
2. What are some guidelines while issuing a debit card?
- If your debit card is lost or stolen, then immediately notify your bank.
- Keep receipts for records of all transactions.
- Choose a unique PIN that only you know and memorize it.
- Chip-enabled technology is safer than swiping the magnetic strip.
3. Can I change my debit card PIN?
Yes, you can change your card PIN. There are three ways to change your PIN, online (mobile app), by phone, or at the bank.
4. Which are the best debit cards offered by the banks in Pakistan?
- HBL Gold Debit Card
- HBL UnionPay Debit Card
- UBL Visa Mega Wallet Debit
- Allied EZCash Prepaid Card
- Faysal Pocketmate VISA Gold Debit Card
- Meezan Visa Gold Debit Card
- MCB Gold Plus Visa Debit Card, and many more…
How long to get a debit card? If a person applied online for a debit card, it will take 7 to 10 weekdays to receive a card, but if he applied at a bank branch, then he will get a card immediately on the spot.
It is easy to open an account and get a bank card. These cards are commonly used all over the world.