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Written by Cho Evelína on March 19, 2023
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Does Webull Offer A Debit Card In 2023?

Webull is a popular online brokerage platform that offers commission-free trading of stocks, ETFs, options, and cryptocurrencies.

While the platform offers several useful features, one question that often comes up among users is whether Webull offers a debit card.

In short, the answer is no.

Unlike some of its competitors, such as Robinhood, Webull does not offer any banking services or a Webull Card.

This means that you cannot use Webull to make purchases or withdraw cash like you would with a traditional debit card.

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How To Make Purchases With Webull Funds

However, this does not mean that you cannot use your Webull account to fund your purchases.

Instead, you will need to transfer funds from your Webull account to your bank account and then use your bank's debit card to make purchases.

While this may seem like an extra step, it is a common practice among online brokerages that do not offer banking services.

Robinhood Cash Card

On the other hand, Robinhood offers a debit card called the Robinhood Cash Card that you can use virtually anywhere Mastercard is accepted.

With the Robinhood Cash Card, you can make purchases at stores or online, reserve a hotel, open a tab at a restaurant, and even withdraw cash.

Final Thoughts

In conclusion, while Webull offers a range of useful features for traders, it does not offer a debit card or any banking services.

This means that you will need to transfer funds from your Webull account to your bank account to make purchases or withdraw cash.

However, if you are looking for a brokerage that offers a debit card, Robinhood may be a better option for you.

Don't forget to grab your free stock worth up to $200 from Robinhood today!

Article written by Cho Evelína

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