answersLogoWhite

0

No, an ATM card and a credit card are not the same. An ATM card is used to access funds in a bank account for withdrawals and transfers, while a credit card allows you to borrow money from a financial institution to make purchases and pay back later with interest.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

Can you use an ATM to withdraw cash from a credit card?

No, you cannot use an ATM to withdraw cash from a credit card.


Can you use a PayPal credit card at an ATM?

Paypal offer payment cards by invitation only. The card isn't a credit card but acts like a debit card attached to a Paypal balance. It can be used at an ATM in the same way as a debit card to withdraw cash.


Is ATM card a credit or debit card?

It is a debit card made more specifically for ATM use. In which a PIN is always required and you can not use it as credit. So merchants that only allow credit transaction can not accept ATM cards.


What to do if Credit card get stuck in ATM abroad?

What to do if credit card get stuck in a machine abroad


What is the name of credit card machine?

How about an ATM.


Is an ATM card considered a credit card?

No, an ATM card is not considered a credit card. An ATM card is linked to a checking or savings account and allows you to withdraw cash or make deposits at ATMs. A credit card, on the other hand, allows you to borrow money from the card issuer to make purchases and pay it back later with interest.


Is ATM card debit or credit?

It is a debit card made more specifically for ATM use. In which a PIN is always required and you can not use it as credit. So merchants that only allow credit transaction can not accept ATM cards.


Can you withdraw cash from a credit card at an ATM?

Yes, you can withdraw cash from a credit card at an ATM, but it is not recommended as it usually incurs high fees and interest rates.


Who can use ATM?

Anyone who has a debit or credit card !


Where must the terms and conditions of credit card be posted?

On the back of your ATM card.


Your mom goes to the ATM at the bank uses her pin and withdraws 300 from her saving account with her card debit or credit?

If your mom goes to the ATM and withdraws 300 from her saving account, she will do this with her credit card.


What is offline ATM?

An offline ATM card is similar to a credit card. It allows the cardholder to make purchases through a credit card machine. Instead of using a pin code format, they will have to sign for purchases.