Do online banks offer debit cards with checking accounts?


Quick Answer

Online banks offer debit cards with checking accounts as part of their services. Banks that function as an online institution include a debit card free of charge when an individual signs up, as stated by Ally Bank.

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Full Answer

A debit card is the main way individuals with an online bank account can complete transactions and access money. Ally Bank and other online banking institutions mail a new customer's card once the application is complete and a deposit is made, as claimed by M & T bank. The card usually arrives in 7 to 10 business days and can be activated by phone.

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