Credit Card: You don't necessarily have the money in your account right now but at the end of the month you have to pay the bill. Say you have $400 in your account but something cost $565. You can buy that item immediately and at the end of the month you can pay how ever much that item cost.
Debit Card: If you have $500 in your bank account, you can use your debit card to buy it and then the money automatically get taken out of your account. Say that you have $1,000 in your account, and you buy some new tires that are about $85, so you use your debit card to pay that $85, and then your bank account money is then subtracted $85 dollars.
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between a credit card and a debit card is a debit card is for money that you place in your own bank account that can be withdrawn with a personal pin number.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.
Debit card works like a credit card, the only difference is that when you make a purchase, the transaction is charged to your deposit with the bank who issued your debit card.
The visa debit card is used for any purchase you would normally make with your credit card. The difference is that the visa debit can be used just like a debit card and a credit card. It has the versatility of both. You can make purchases with this card wherever visa is excepted, there are no restrictions.
no, it is a credit card. a mastercard can be either a debit or a credit card
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.
credit mean were you take money debit is what you give money
credit mean were you take money debit is what you give money
As long as you can use your debit card at stores just like credit cards are used, your debit card will work. Newegg won't know the difference between your debit card and a credit card.
what is the difference between a credit card, debit card and smart card
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between a credit card and a debit card is a debit card is for money that you place in your own bank account that can be withdrawn with a personal pin number.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between a credit card and a debit card is a debit card is for money that you place in your own bank account that can be withdrawn with a personal pin number.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.
Debit card works like a credit card, the only difference is that when you make a purchase, the transaction is charged to your deposit with the bank who issued your debit card.
A credit card is like a portable loan, where the money you spend isn't yours and you have to pay it back. A direct debit card is your money from an account.
The visa debit card is used for any purchase you would normally make with your credit card. The difference is that the visa debit can be used just like a debit card and a credit card. It has the versatility of both. You can make purchases with this card wherever visa is excepted, there are no restrictions.
no, it is a credit card. a mastercard can be either a debit or a credit card
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.
credit card means post paid card debit card means pre-paid card