Question

what is the difference between credit and debit card?​

Answer 1

The major difference is that with a credit card, the bank lends you money to use which you can use and pay them back with interest on a monthly basis. Whereas, with the debit card, you are spending the money which you already have.

Answer 2

Debit card :- Debit card allow bank customers to spend money by drawing on fund they have deposited at the bank.

credit card :- credit card allow consumers to borrow money from the card issuer Up to certain limit in order to purchase item or withdrawal cash. 24*7*365. always available.

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