kittykid
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With a Credit Card, you spend now, and pay through the nose later. With a Debit Card, you pay now, and spend your money whenever needed, later ! |
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axc772000
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credit card is money that is being lend to you and you must pay back with interest,debit card is connected straight to your checking account and draw money from there like an ATM when your account is empty that's it,but with cc you could go over you limits and get charge more interest. |
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Matthew's Mom
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credit card you pay over time. A debit card is taking right out of your account. |
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energywise2
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A credit cat is a revolving account that can you can charge against an available credit. A debit card is just like writing a check against money that has already been deposited into an account. |
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?
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credit card you pay it via installment while debit card is the money deducted from your bank account from the purchase you made through the card |
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webman
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you have to pay a lot of interest on a credit card , the debit you dont |
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debean75
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A credit card you pay off later by being billed by the credit company. A debit card takes the money from an account you already have. |
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Harvey
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Debit card is taking money you already in your checking account. A Credit card is taking money from a credit card company and paying them back when they send you the bill. |
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cosaxteacher
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A credit card is using money you are being "loaned" by a banking institution. You then have to pay that back 30 days later or you receive interest charges (depending on the card). A debit card acts the same as a credit card, but it uses funds that are in your bank account, so when your bank account has no money, your debit card has no money. |
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jcvmrsbear
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A credit card is money that you borrow temporarily and then pay back. If you don't pay it all back on time, you will have to pay interest on the money borrowed. A debit card is a card linked to a checking account and every transaction made with the card is deducted from your checking account. It's more along the lines of an electronic check. |
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x Lj
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Debit card is a card which when you use, the money comes straight out of your bank account. (no fees or interest) Credit card is money you dont have which build up to the end of the month and there is a surcharge on what you pay back ie. you could only spend £500 but end up paying £600 because of interest. if your not in control of your finances a credit card is a bad idea, you can easily get into debt + if you get black-listed it takes 10 years to clear. |
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mainhoon_na74
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by using debit card u can with draw money only u have in ur account
but
by using cridit card u can with draw more money than u hav in ur account. |
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riley4samson
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credit card is money you dont have, debit is money you do have |
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Mycroft
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A credit card is an account with funds advanced you by a bank; a debit card works with funds in a checking account that you own. |
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KathyS
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A debit card is like cash. It takes money directly from your checking account when you make a purchase. A credit card is a line of credit that you pay back when you get a bill. |
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ashgene
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credit card is purchase with a loan, debit card is purchase with your own money. |
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kbetenz_11
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A credit card is when you don't have money and a debt card is money that is taken out of an account |
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lil brat
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Debit is money u have saved in ur account,crdit is money u have to pay back when the bill is sent to you |
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