Business Studies, asked by mudit11, 1 year ago

What are the differences between credit cards and debit cards?

Answers

Answered by KushKumar
2
A debit card is not a credit card. When you use a debit card, the money is deducted from your checking account. With a credit card, you're borrowing money to be repaid later. ATM and debit cards allow you to use ATMs, a safe and convenient way to manage your money.



hope helps u.
Answered by ItzPsychoElegant
10

Answer:

debit cards allow bank customers to spend money by drawing of funds they have deposited in the bank

Credit cards allow the customers to borrow money from the card issuer

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