a debit card is one in which you put money on your bank and use a debit card to do purchase with the amount in the bank. with credit card, you do purchases with a certain credit limit and pay later when the bill comes in.
A credit card is when you are loaned money by the card company and are able to use it before hand; after which you have to pay them back. A debit card on the other hand is a card with your money on...
Credit. Every time you use a credit card, you are actually borrowing money that is made available to you by a bank or other financial institution. The institution pays the debt to the vendor, and in...
A credit card is like a portable loan, where the money you spend isn't yours and you have to pay it back.A direct debit card is your money from an account.
Put simply: you buy things with a credit card first and then pay for them later, often with lots of interest; you pay for things first with a debit card and then buy what you like. Otherwise, they...