Which one of the following statements is the most accurate about the use of ATM cards?

The statement that a person must have a bank account to have an ATM card is accurate because ATM cards are fundamentally linked to bank accounts. They serve as a means for account holders to access their funds, whether for withdrawals, deposits, or balance inquiries, at automated teller machines (ATMs). Without a bank account, an individual cannot have an ATM card, as the card requires a connected account to function.

The other options present inaccurate information regarding ATM cards. They suggest various limitations or requirements that are not true, such as requiring that ATM cards only be issued by specific types of financial institutions or can be issued without a bank account, which is not how they typically operate within the banking system.