Credit cards give you access to a line of credit issued by a bank, while debit cards deduct money directly from your bank account. Overview · What Is a Credit Card? · What Is a Debit Card? |
Here are 4 times you should reach for your debit card over a credit card · 1. You need access to cash quickly · 2. You can avoid merchant fees · 3. You can ... |
A credit card lets you borrow money to repay later, whereas a debit card uses the money from your bank account straight away. |
Here are five things to know about when to use your credit card vs. a debit card. 1. Credit cards often offer better fraud protection. |
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