Question

Just one to know debit and credit

Answer 1

credit card is a card given by bank to the customer. one can use the credit card even if the amount is not in the bank the credit card holder can purchase and payment can be done within a specific limit and specific account without having the actual amount in the bank afterwards this amount the card holder has to pay to the card company within a specific time if he is unable to pay heavy interest is charged on it.


A debit card is a plastic payment card that can be used instead of cash when making purchase it is similar to credit card.


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