is debit card different from credit card??

hi hi hi hi hi, my dear and good friend, NO_CHAO; How do'in and I hope you've brushed you teeth for today......ha..ha..ha....I like kidding you!!!! OK come back with your point of discussion for now. Debit Card means the valid bank card where your financial account has been registered with the respective bank and the current will be the active balance amount of existence value of money. Let say; your balance amount is $100, so you cannot transact your purchase of good or thing over than $99. And the card is as a medium of an electronic transaction system between the merchandise and the the bank with approval. The advantages are; 1. you don't need to carry large sum of cash on your shopping. 2. no interest incurred to the respective transaction. 3. PIN code will be your security to verify your purchasing or transaction. Whereas, for CREDIT CARD. Is a card that is approved by both credit management principal(visa,master card,....etc.)and the bank for credit approval. And it will be issued by the respective bank that will be making approval for your purchasing transaction. CREDIT here means the amount of your personal overdraft and the limit will be approved by the bank. Let say $5,000. So your accumulative amount of purchasing is $5,000. If you need more or over, you must get the approval from the credit card bank center via tele-approval. You owe bank's money Credit Card usage incurred certain percentage of/with service charge by the merchandise(credit transaction), interest charge for delay in making re-payment, and minimum monthly re-payment. FOR 'CHARGE CARD' such as AMERICAN EXPRESS, DINER'S CLUB,....will be another different functions. BUT I cannot explain now because you didn't ask for it. You have to post new discussion for me to answer.......ha..ha..ha.... ***school bell's ringing...ring!!...ring!!!...ring!!! OK student, school's time ending for today. Let see and meet you tomorrow....please attend my class..attendant is compulsory...

A debit card takes the money out of your account straight away. But a credit card takes it out each month (i think?).

I like my debit card because when I use it the money comes right out of my bank account. I like the Visa Check Card I got from the bank because I can use it as a credit card when I want to, but it still comes right out of my account, like it would if I used it as a typical debit card.

It's just a card that can be used as either cash or credit but its linked directly to your bank account so when you use it, the money is taken directly out of your account. If you don't have money in the bank, you can't use the card because it won't go through. Basically it's an ATM card but you can use it in some stores almost like cash.

Credit card - u can use it to the limit (limit given to you) and the monthly statement would be sent to you before your due date. Debit card - it's like a prepaid credit card. you can also use it at different stores but you should have money in that card immediately. when you shop they get the amount from your card right away.

A credit card allows you to purchase things and the you will be billed later. A debit card uses your funds from your bank account (bank where you applied for the debit card). You can't buy anything that is worth more than the current balance in you account. It's just like cash but in a form of card. This is more convenient than taking a lot of cash with you. Just like a credit card, you will sign a receipt after you made the purchase and keep it to keep track of your expenses. I hope I explained it right to you.

A debit card is a card that is linked with your bank account. When you make a purchase, the amount is immediately or soon after deducted from your bank account, transferred as it were. This means you have to have the correct amount and also if you discover that you wanted to pay by credit card, you cannot change your mind after the transfer has gone through. It is easier than carrying cash around, if you are wary about thieves, and if you know that you are the kind that charges and does not pay in time.

Debit card uses the current money that you are having at your bank account. Its the concept of "Use Now, Pay Now". If you purchase a USD25 using your debit card, it will be immediately deduct USD25 from your account. In this case, you have a better control of your own money because you can only spend on the money that you are owning at that time. Credit card uses the future money based on the credit limit approved by the issuing banks and we can use it based on teh concept of "Use Now, Pay Later". We use the card to purchase a product that cost USD250 and we only pay it when we receive the monthly statement. You have the option to make a full payment or partial payment on the balance. THe remaining balance will be charged interest rate, which normally will be quite high as compared to the traditional interest rate for loan. It will be difficult to control your expenses in this manner and you may ended up with may debts.