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What are some differences between credit and debit?

2 Answers

9 votes

Answer:

When you use a debit card, the funds for the amount of your purchase are taken from your checking account in almost real time. When you use a credit card, the amount will be charged to your line of credit, meaning you will pay the bill at a later date, which also gives you more time to pay.

Step-by-step explanation:

answered
User Sven Bieder
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3 votes

Answer:

When you use a debit card, the funds for the amount of your purchase are taken from your checking account in almost real-time. When you use a credit card, the amount will be charged to your line of credit, meaning you will pay the bill at a later date, which also gives you more time to pay.

Step-by-step explanation:

answered
User Dieworld
by
7.9k points

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