Question

definition of credit card and debit cards

Answer 1

Credit cards:-
A credit card is a plastic card issued by the bank that allows the user to purchase goods or invest money by them. The user has to credit this as a debt from the bank. He has to agree to a certain interest level to return the sum of money that he has credited from the bank.

Debit cards:-
Debit cards have the same appearance as a credit card but allow you to borrow money from your savings account in a particular bank. The bank that you have an account in will issue a credit card for you allowing you to make transactions using it

Answer 2

A debit card (also known as a bankcard, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money comes directly from the user's bank account when performing a transaction..........
Hope it will help you....