The difference between a cash card and an EC card is explained in no time at all

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The EC card may also often make it easier for you to pay for your purchases. The cash card is a little less common, although the basic idea that led to its introduction was practical. Perhaps it is one or the other difference that determines its use.

Thanks to the cash card, the use of change should be minimized.
Thanks to the cash card, the use of change should be minimized.

The difference between the payment options cash card and EC card

The functions Geldkarte and EC card can be on the same object.

  • The money card has been a shadowy existence since it appeared on the money market, but it has lasted Banks are still loyal to her and continue to offer her customers to take small amounts with her settle. The annoying search for change and giving change should be a thing of the past with the advent of this offer.
  • The EC card, on the other hand, is used extensively and frequently and ultimately still allows some major purchases that the contents of the wallet would not have allowed.
  • Although both types of cards are intended to simplify payment, you must first ensure that there is a sufficient amount of money on the cash card function.
  • To do this, it is necessary to top up the desired amount at the ATM of your house bank. The amount that is now available on your debit card disappears from yours at the same time accountas you can see it when you withdraw cash.
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  • Your debit card is a direct link to your account and can be seen as a simplification of direct debit. Like you after a purchase Authorize debit on the Internet, so allow the business in which you do this Ability to pay the amount you have spent from your account to move in.
  • If the amount credited to the debit card is the maximum limit, it is a bit more individual with the EC card. Here it depends on the respective agreements with your bank, up to what amount or whether the account may be overdrawn.

The loss makes the distinguishing features clear

Should you ever lose your digital wallet, you will see what the real difference between the two payment functions is.

  • You can have the Electronic Cash function blocked after you have noticed the loss of your EC card in order to protect your money in your account from unauthorized access. In Germany, dial 116 116 to do this. If you discover that you have lost your plastic money abroad, you can call +49 30 4050 4050 to report it.
  • In contrast to the EC card, the amount of the cash card is on the chip and no longer in your account. This amount is therefore still available on the electronic cash function even after the electronic cash function has been blocked and can be issued by any finder.
  • Even if the card in question disappears and nobody uses the amount loaded for their own purposes, you will unfortunately lose the amount of money on it.

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