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Different from credit card and debit card |
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Answer» nce between Credit card and Debit card ?Credit Card:-A credit card is a thin rectangular piece of plastic or metal ISSUED by a bank or financial services company, that allows cardholders to borrow funds with which to PAY for goods and services with merchants that accept cards for payment. ... An example of a credit card is the Chase Sapphire Reserve.Debit Card:-A debit card is a plastic payment card that can be used instead of CASH when MAKING purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the CARDHOLDER's bank account when performing any transaction. |
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