What is the difference between debit card and credit card?????
A debit card allows you to access available cash in an account or in linked accounts. The money used is simply your transferred to the vendor electronically. Some have a few perks like rental car damage liability insurance but generally few others.The largest perk as such is that you are using your own funds and are not incurring debt. A credit card allows you to borrow funds from the lender up to a pre -approved limit or no limit depending on the card and your credit history. Credit cards may have other perks such as member rewards or points. Rental car damage liability insurance, or automatic travel insurance.
