A debit account is a type of bank account that allows customers to access their funds directly. When you use a debit card linked to this account, the money is withdrawn immediately from your balance. This makes it a convenient option for everyday purchases, as you can only spend what you have. Unlike a credit account, a debit account does not involve borrowing money. This means there are no interest charges or monthly payments. Customers can also use their debit accounts to withdraw cash from ATMs, check their balances, and transfer funds between accounts, all while maintaining control over their spending.