Credit card with debit function: direct connection to your bookkeeping

Many entrepreneurs recognize the problem: when you pay with a credit card, you end up with a separate credit card account or intermediary account in your bookkeeping. Each payment is only debited from your bank account later, which means you have to take extra steps to link and record everything properly.

But this can now be much easier.

How does the credit card with a debit function work?

Some banks and providers are now introducing a credit card with a debit function. This means you still benefit from the advantages of a credit card (worldwide payments, making reservations, extra protection), but the amount is debited directly from your linked payment account.

You simply enter the credit card details at checkout (as you normally would), and the amount appears immediately as a regular transaction on your payment account – without an intermediary account or monthly credit card statement.

Instead of the transaction going through a credit card company first, it is processed immediately as a regular bank payment.

Advantages for your bookkeeping

• No separate credit card account needed anymore
  Your transactions appear directly in your payment account, just like your debit card payments.
• Automatic recognition in your accounting software
  Because they are regular debits, your accounting program (such as Jortt, Exact, or Moneybird) automatically picks them up via the bank connection.
• Faster and error-free booking
  No more hassle with transfers from your credit card account to your payment account. Everything is immediately recorded in the right place.
• Real-time insight
  Your bookkeeping balance is always up to date because payments are processed immediately.

Who is this ideal for?

• Self-employed professionals and small business owners who want to spend as little time as possible on manual bookings.
• Businesses with many international or online purchases that still want to keep a clear overview of their cash flow.
• Entrepreneurs who often forget to process the credit card account and therefore end up with incorrect balances.

Debit Mastercard vs. credit card

• A credit card allows you to buy now and pay later. This provides extra spending capacity, but if you do not repay the full amount on time, you pay interest.
• With a Debit Mastercard, the amount is taken directly from your bank account. You only use the balance you actually have, just like with a regular debit payment.
• Credit cards often include extras such as purchase protection, delivery guarantee, or travel insurance. With a Debit Mastercard, these extras are usually not included.
• The costs also differ: for a credit card you often pay an annual fee, while a Debit Mastercard is free at many banks as part of your payment account.

Conclusion

With a credit card featuring a debit function, you combine the convenience and acceptance of a credit card with the simplicity of a regular bank payment. For your bookkeeping, this means: less manual work, fewer errors, and always up-to-date figures. Need help automating your bookkeeping? Then schedule a free introductory meeting!