Difference between credit card and debit card

Difference between credit card and debit card



Debit card 


 It is provided by the  bank 🏦 after applying for it . Through debit cards money directly deducted from bank account.

*less protection given by  debit card,but lower fee they charge in it.

 *credit-card  offered  more by newer debit card-like protection, while No longer charge by many credit card on annual fees.

Credit Cards



 It is a card issued by a financial institution, simply  a bank, and it enables the cardholder to borrow funds from that institution. Those person who contain card , they agree to pay money  with interest, according to their terms and condition.

Credit cards are issued in four categories:
1.standard card
2.Rewards card
3.secured credit card
4.charge card

*Standard cards simply extended  to their users a line of credit card.

*Reward card is a beneficial card which offer people cash back , Cash back on travels.

Secured credit cards need a first cash deposit that is held by the issuer as collateral which is used in bank.🏦

Charge cards have no preset spending limit, but often do not allow unpaid balances to carry over from month to month.


If someone want to buy a car or bus , they can use money ,instead of it use credit card and debit card debit card and can provide loans for buying bus or cars  which is the main features of debit card we can get money  from Bank and in a month they can pay money to the banks.   🏦


Debit Cards


It is a payment card that  After deducting money makes payment directly from a consumer’s checking account, rather than by loan from a bank. Debit cards on this time becomes more popular and usable,two most prominent card in today Time like Visa or MasterCard.

In today Time, there are two types of debit card customer do not need to checking or saving account.


*Standard debit cards  can be draw from personal  bank account.

*Electronic Benefits Transfer ( E B T ) card issues to make profit and purchase some goods.

Prepaid debit in today's world used for online payment money pre-loded before electronic purchase.

Through credit card loan can be provided by the bank on the time of debt.

Credit cards give you access issued by a bank on  a line of debt .

Credit cards prevent from fraud and offer better protection.


Distinguish between credit cards and debit cards.


Credit Card versus Debit Card comparison chart

Credit Card

Debit card
Details About












Bill
 per mont
 A card issued by institution,mainly bank,a person who borrow money from this institution and pay some time later with interest according to the institution terms



Yes,  pay After a month
    It is a card offered by bank to withdraw money from your account.






 No,this card do  not used to pay money .  




            By reza

Location: India

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