Question

difference between debit card and credit card

Answer 1

The key difference between the two cards is where the money is drawn from when a purchase is made. When a consumer uses a debit card, the money comes directly from hischecking account. When he uses a credit card, the purchase is charged to a line of credit for which he is billed later.

Answer 2

A credit card, such as Barclaycard, isn't linked to your current account and is a credit facility that enables you to buy things immediately, up to a  pre-arranged limit, and pay for them at a later date. The cost of the purchase is added to your credit card account and you get a statement every month.

You then have a choice of paying off the bill in full by a set date with no interest or paying at least a minimum amount and spreading the repayments over a period of time. You’ll have to pay interest on the balance if you do this, therefore, the quicker you pay off your balance, the less interest you’ll pay.