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Debit Card vs Credit Card

October 14, 2012 By Reece Costain

Debit Card

Gone are the days where we pay for small or big things in cash. Though we do carry a couple of bucks in our wallet, we have to admit that in most payments, we use these magic cards we’ve come to know as the debit and credit card. Although these two can be interchangeably used, they actually have striking differences.

Basically your debit card is directly connected or linked to your bank account. When you use your debit card to withdraw cash or pay for purchases, the amount is automatically deducted from your account. [Read more…]

Filed Under: Finance Tagged With: credit card, debit card

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