cheque card
A 'cheque card' was a form of payment guarantee issued by banks, primarily used in the UK before being replaced by debit cards.
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Definition
B2Banking
(British, historical)A small plastic card that guaranteed payment of cheques written by the holder up to a specified amount.
Example
- In the past, people used a cheque card to ensure their cheques would be honored by the bank.
B2Banking
(South African)A card that functions like a debit card, allowing transactions directly from the holder's bank account.
Example
- In South Africa, a cheque card can be used for both purchases and cash withdrawals.
Similar
Terms that have similar or relatively close meanings to "cheque card":
credit cardblack cardlaser cardblank checkblue cardcard standwhite cardname cardfile cardpicture card