Ask Question
26 September, 16:07

5) What is the difference between a debit card and a credit card? What are some advantages and disadvantages of using a credit card?

+2
Answers (2)
  1. 26 September, 16:41
    0
    Answer:The difference is that a debit card has a Visa® or Mastercard® logo on its face. When you use a debit card, the money is deducted from your checking account. With a credit card, you're borrowing money to be repaid later. ATM and debit cards allow you to use ATMs, a safe and convenient way to manage your money.

    Step-by-step explanation:

    Credit is important when wanting to buy a house or a car and much more.
  2. 26 September, 18:56
    0
    Simple answer is that a debit card is money and only your money whatever to earn and deposit is all yours, and a credit card is borrowed money for example if you want to buy something a bit expensive you can use a credit card and pay it in payments to the bank instead of directly to a store
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “5) What is the difference between a debit card and a credit card? What are some advantages and disadvantages of using a credit card? ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers