Username: BobM Rating: Asked to: Talitha Taslim Date Created: 06 Jul 2015 |
|
Category | 28 |
Tag | Financial |
Question | What is the difference between a credit card and a debit card? |
Hi BobM, Debit cards and credit cards are accepted at the same places. Debit cards all carry the symbol of one of the major types of credit cards on them, and can be used anywhere that credit cards are accepted. They both offer convenience. The fundamental difference between a debit card and a credit card account is where the cards pull the money. A debit card takes it from your banking account and a credit card charges it to your line of credit. Debit cards offer the convenience of a credit but work in a different way. Debit cards draw money directly from your checking account when you make the purchase. They do this by placing a hold on the amount of the purchase. |
Hi PrettyWoman, The job market is the market in which employers search for
Read moreHello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read moreHi Maria, A caplet is a kind of call option based on interest rates. The
Read moreHello ForexGuy, A false market occurs when prices are manipulated and impacted
Read moreHello LuckyWoman, The yearly probability of living is determined by consulting
Read moreHello Fluffy, Basis point (BPS) refers to a common unit of measure for
Read moreHello Peter, A reward paid to an employee at the end of the year. Many
Read moreHello Andrew, The goal of the Footprint charts is to provide both volume and
Read moreHello Maria, Investment timing decisions are among the most challenging faced
Read moreHi LuckyMan, A T-account is an informal term for a set of financial records
Read moreHi PrettyWoman, The job market is the market in which employers search for
Read moreHello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read moreHi Maria, A caplet is a kind of call option based on interest rates. The
Read moreHello ForexGuy, A false market occurs when prices are manipulated and impacted
Read moreHello LuckyWoman, The yearly probability of living is determined by consulting
Read more