how the credit card and debit card difference
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difference between credit card and debit card difference
debit card
1.)A debit card is tied directly to your checking account.
2)It can be used where a credit card can be used.
3..)Generally, you will use your PIN to complete the transactions.
credit card
1).A credit card is a line of credit you can access with your card.
2).Generally, you must sign on these purchases (exceptions may be at the gas pump or for small amounts at a drive-through window).
3) You will pay interest on the purchases made if not paid off in 30 days.
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debit card
1.)A debit card is tied directly to your checking account.
2)It can be used where a credit card can be used.
3..)Generally, you will use your PIN to complete the transactions.
credit card
1).A credit card is a line of credit you can access with your card.
2).Generally, you must sign on these purchases (exceptions may be at the gas pump or for small amounts at a drive-through window).
3) You will pay interest on the purchases made if not paid off in 30 days.
I hope it is helped you
follow me
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0
Hey here is your ans
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 his checking account. When he uses a credit card, the purchase is charged to a line of credit for which he is billed later.
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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 his checking account. When he uses a credit card, the purchase is charged to a line of credit for which he is billed later.
I hope it will help you
Please mark me brainliest please
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