What is the difference from a debit and credit card?

Question

What is the difference from a debit and credit card?

Answer 1

debit card only works if u have money in your bank account.



credit card works for any one that breaths.

credit card is a voluntary form of slavery.

credit card allows u to py for something and keep paying

more for a year at least.



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Answer 2

Being 14 year old you are not entitled to receive any of the above Debit or Credit cards. Mere academic interest you can understand about their concepts. While Debit card is issued tolanc a Depositor linking with his deposit accounts like savings bank account or current account where he\she keeps sufficient balance in accounts the credit card limit enjoyed with a Banker by a customer. Debit card always refers that money belongs to the customer while credit card refers that the money belongs te the Banker to whom credit has been sanctioned

Answer 3

A Debit card is connected to your bank account and a credit card is credit finance given to you from visa, MasterCard etc.

Answer 4

Debit card is a one in which u keep money in ur bank account and withdraw it when necessary .

Credit Card is one in which you take money from the bank and pay to them by short interval of time.

Answer 5

A debit card comes with your bank account. It works like a check (and is sometimes called a check card) in that the money is removed from your bank account. If you have no money in the account, then the debit card won't work (unless you have overdraft protection).



A credit card is linked to a credit account. You use the card to pay for stuff and it gets added to your balance. That balance accrues interest and you have to make minimum monthly payments to pay off the debt. It's essentially a loan. These accounts have a maximum amount of debt and the card will be declined once you hit that maximum.



I hope that helps!