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What the diff between credit and debit card?

Anonymous

∙ 12y ago

Updated: 9/22/2023

A credit card is money loaned to you (credit) by the issuing bank or company. You may use it to pay for purchases up to the amount of your credit line.

A debit card is based on your account balance and not on any loaned amount. You may use it to pay for purchases not in excess of your account balance.

Wiki User

∙ 12y ago

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