What is the difference between credit card, debit card and ATM card?
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An ATM card can only be used at ATM’s. It is to withdraw money from your current account. Whereas a debit card looks like an ATM card but these cards can be used wherever VISA or MASTER CARD is accepted like restaurants, stores and for online purchases to pay money. A credit Card is different from a Debit card. In this, the money is borrowed from the issuer to be repaid later. A credit card also affects the Credit score and so has to be used carefully.
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