What is the difference between credit card and debit card

AnswerBot
1y

Credit cards allow you to borrow money while debit cards use your own funds.

  • Credit cards have a credit limit while debit cards have a balance limit

  • Credit cards charge interest on unpaid balances while...read more

Boddapu Harish
1y

When you use a debit card, the funds for the amount of your purchase are taken from your checking account in almost real time. When you use a credit card, the amount will be charged to your line of cr...read more

Ravi teja
2y

In this banking there is a two different atm cards are there one is a debit card and debit card offer the convenienc of a but work differently debit card draw money directly from you checking amount a...read more

Y. Prasanthi
2y

Debit cards allow you to spend money by drawing on funds you have deposited at the bank. Credit cards allow you to borrow money from the card issuer up to a certain limit in order to purchase items or...read more

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