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What Is The Difference Between A Credit Card And A Debit Card? - Jobs/Vacancies - Nairaland

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What Is The Difference Between A Credit Card And A Debit Card? by ONLINEBOOMB: 12:57am On Jul 02, 2022
Difference between debit card and Credit card
Cardholders with debit and credit cards can withdraw cash and make purchases.
Debit cards are not debt instruments, but credit cards are.
Unless they have overdraft protection, debit card users can only spend the money in their bank account.
A credit card is tied to the company that issues the card's line of credit.
Debit cards make it more difficult to overspend because you are only allowed to spend the amount in your checking account.
Read more
https://www.onlineboomb.com/2022/07/what-is-difference-between-credit-card.html?m=1

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Re: What Is The Difference Between A Credit Card And A Debit Card? by opribo(m): 6:31am On Jul 02, 2022
OP, most credit card don't allow you to withdraw cash but you can use it to make purchases and bill payments.

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Re: What Is The Difference Between A Credit Card And A Debit Card? by Nobody: 7:48am On Jul 02, 2022
ONLINEBOOMB:
Difference between debit card and Credit card




Read more
https://www.onlineboomb.com/2022/07/what-is-difference-between-credit-card.html?m=1

Your sentences are too technical and hard to understand.

A debit card allows you to withdraw/spend the money you have inside your bank account while a credit card allows you to borrow money from your bank.

A credit card works like LAPO/money-lending app/bank loan except that you don't need to visit them or download their app to borrow the money. They would've told you the maximum amount you can borrow every month.

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Re: What Is The Difference Between A Credit Card And A Debit Card? by Rickmann: 8:43am On Jul 02, 2022
ONLINEBOOMB:
Difference between debit card and Credit card




Read more
https://www.onlineboomb.com/2022/07/what-is-difference-between-credit-card.html?m=1

A debit card is ur regular ATM card
A credit card is funded with money and used basically for purchase..it can't be used for withdrawal.

Note that a debit card can also stands as a credit card here in Nigeria.

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Re: What Is The Difference Between A Credit Card And A Debit Card? by Nobody: 10:12am On Jul 02, 2022
no need to explain carders in the house will understand
Re: What Is The Difference Between A Credit Card And A Debit Card? by MMWandali: 7:28pm On Jul 02, 2022
Good
Educative info
Re: What Is The Difference Between A Credit Card And A Debit Card? by SaiOba: 10:05pm On Jul 02, 2022
Credit Card is for Credit when you want to buy or already bought on credit while the Debit Card is for Debiting all your purchase ?

Next Lecture Plss..

#GetYourPVC
Re: What Is The Difference Between A Credit Card And A Debit Card? by Nobody: 1:04am On Jul 03, 2022
Rickmann:


A debit card is ur regular ATM card
A credit card is funded with money and used basically for purchase..it can't be used for withdrawal.

Note that a debit card can also stands as a credit card here in Nigeria.

You are describing another kind of card. Debit and credit cards are the two types of ATM cards.

A debit card is an ATM card that allows you to access the money in your bank account.

A credit card is an ATM card that allows you to borrow money from your bank.

We only use debit cards in Nigeria and don't have credit cards because no bank wants to borrow anyone money.

I should also add that other cards like prepaid cards and gift cards (the ones that can be used at ATMs) fall under debit or credit cards. Most are debit cards since you, the person, or the company giving it to you need to add money to it so you can withdraw the funds or use it for online shopping.

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