Accountancy, asked by mshakaibkhan3000, 1 year ago

What is the difference between credit card and debit card?​

Answers

Answered by vikashRaojaat
2

Answer:

Debit cards and credit cards are accepted at many of the same places. ... The fundamental difference between a debit card and a credit card account is where the cards pull the money. A debit card takes it from your banking account and a credit card charges it to your line of credit.

Answered by Talentinyou
1

Debit cards allow bank customers to spend money by drawing on funds they have deposited at the bank. Credit cards allow consumers to borrow money from the card issuer up to a certain limit in order to purchase items or withdraw cash.

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