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A payment card that deducts money directly from a consumer's checking account to pay for purchases.

Electronic Benefit Transfer is a system that allows government agencies to send welfare or food stamp benefits directly onto a plastic card that works like a debit card. Instead of receiving paper vouchers, recipients can simply swipe their card at a grocery store terminal to buy approved items.

A Flexible Spending Account is a special account where you put pre-tax money from your paycheck to pay for medical or dependent care expenses. It is like a tax-advantaged debit card for your doctor visits or prescription costs, which helps you save money by lowering your total tax bill.

Money Market Account: This is a type of savings account offered by banks that usually pays a higher interest rate than a standard savings account. It provides you with easy access to your money, often with limited check-writing or debit card features, making it a safe place to park cash while earning a little extra interest.

Supplemental Nutrition Assistance Program is a government program, commonly known as food stamps, that provides eligible low-income families with a debit card to buy groceries and healthy food items.