1a obsolete : reward or punishment dueb : the qualities or actions that constitute the basis of one's deserts Opinions of his merit vary.c : a praiseworthy quality : virtue but originality, as it is one of the highest, is also one of the rarest, of merits â E. A. Poed : character or conduct deserving reward, honor, or esteem; also : achievement ...
When you use your Debit Card for a purchase and use the card as credit, the merchant will request an approval or âauthorizationâ for the transaction. The authorization confirms that an account is open and the purchase amount is approved at the time of request. Many merchants request an authorization for the exact amount. However, some merchants send an amount as low as $1 for authorization. Each authorization will show as a pending transaction.
If you choose the OneAccount (free checking account), you can use the card anywhere a DEBIT MasterCard would be accepted. There are fees for PIN-based transactions (HigherOne Fee Schedules). To avoid fees, select the â credit â option which is called â swipe and sign â.Your card is still used as a debit card even though you selected the âcreditâ option. Your debit card is NOT a credit card since you must have money in the account to use it.o avoid fees, select the â credit â option which is called â swipe and sign â. Your card is still used as a debit card even though you selected the âcreditâ option. Your debit card is NOT a credit card since you must have money in the account to use it.