Using your debit card as credit with no money in your account is not recommended, as it can lead to overdraft fees and other financial consequences. It is important to only make purchases with your debit card when you have sufficient funds in your account to cover the transaction. If you need to make a purchase but do not have enough money in your account, consider other payment options or wait until you have sufficient funds available.
If you have no money in your account, you cannot make a purchase using your debit card as credit.
the debit is your own money from your account and the credit account is borrowed
No. If the money in your bank account runs out your debit card will not work.
a debit card is used to withdraw money from your personal account while a credit card is money that you use from the banks account that does not belong to you and you to pay it back.
You can transfer money from your credit card to your debit card by using a money transfer service or by linking your credit card to your bank account and then transferring the funds to your debit card. Be aware that there may be fees associated with these transactions.
If you have no money in your account, you cannot make a purchase using your debit card as credit.
the debit is your own money from your account and the credit account is borrowed
No. If the money in your bank account runs out your debit card will not work.
a debit card is used to withdraw money from your personal account while a credit card is money that you use from the banks account that does not belong to you and you to pay it back.
You can transfer money from your credit card to your debit card by using a money transfer service or by linking your credit card to your bank account and then transferring the funds to your debit card. Be aware that there may be fees associated with these transactions.
You would use it as a credit card, but the debit card takes money directly from your bank account.
A debit card is connected directly to a bank account. The money being charged must be present in the account. A credit card is used with a promise to pay the creditor in the future.
It's a debit card since the money you pay with is directly transfered from your bank account to the receiver's bank account.
The difference between a credit card and a debit card is a debit card is for money that you place in your own bank account that can be withdrawn with a personal pin number. A credit card company lends the person money and charges interest.
The difference between a credit card and a debit card is a debit card is for money that you place in your own bank account that can be withdrawn with a personal pin number. A credit card company lends the person money and charges interest.
One way that a debit card and a credit card differ is that a debit card is linked to a checking account and the money spent is immediately deducted from the account, while a credit card allows you to borrow money up to a certain limit and pay it back later with interest.
Available credit or in general credit on a Debit card means - the amount of money you have in your bank account. Lets say you have Rs. 10000 in your account then your credit is Rs. 10000 only.