answersLogoWhite

0

When you used your debit card, your purchases will be drawn against your savings or checking account, while when you use your credit card, your purchases will be charged to the credit card issuer, which will collect from you with certain interest added to the total amount of your purchases.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

Can I pay with my debit card using a credit card?

No, you cannot pay with a debit card using a credit card. Debit cards and credit cards are different payment methods with separate accounts and functions.


What is the meaning of credit and debit?

Debit and credit are accounting terms for different columns. A "debit card" is different from a "credit card" in that when used, the former takes money directly from your bank account. Simply i can say debit what comes in,credit what goes out. i prefer virtual credit cards.


Is Mastercard a debit card?

no, it is a credit card. a mastercard can be either a debit or a credit card


debit card?

Debit Card vs Credit Card


Is a refund to a credit card a debit or credit?

Debit


What are the different modes of payment?

Cash, check, credit card, debit card, gift card.


How do you tell visa debit from visa credit?

You will be able to tell this by the card itself. Usually debit cards have shorter versions of number and have different card color. A credit card's number is usually embossed as compared to a printed number with the debit card.


Can you run a debit card as credit for this transaction?

Yes, you can run a debit card as credit for this transaction.


How can I transfer money from my debit card to my credit card?

You cannot directly transfer money from a debit card to a credit card. You can use your debit card to pay off the balance on your credit card by making a payment through your credit card issuer's website or app.


How does having a debit card declined affect my credit score?

Having a debit card declined does not directly affect your credit score because debit card transactions do not impact your credit history. Your credit score is based on your credit card usage, loan payments, and other credit-related activities, not on debit card transactions.


Does debit card build credit?

A debit card is a card that takes money straight out of the bank, however, a credit card lets you borrow money, but you must pay interest. So, a debit card does not build credit.


Can a chase debit card also be used as a credit card?

Yes, but the funds are still withdrawn from the account that the debit card it linked to ... in other words using the debit card as a credit card is still a point of sale transaction. You cannot be extended "credit" on a debit card.