Sunday, December 4, 2011

Can I spend the initial deposit of my debit card?

My dad just opened a debit card for me and I put in as the required minimum deposit $100.


Do I need to keep this deposit in there at all times, or can I spend it?


Thanks.|||You need to have at least the minimum in your account, or they freeze it, I think.|||Ask the bank or credit union it came from. The rules are not the same everywhere.


If he got you a student card from PayPal, then there is no minimum balance.

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