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Of Course you can transfer money from credit card to your debit card.Direct transfer is not available from credit card to bank but you can get money over cash against credit card.It's very simple that you need to swipe your card and get funds in your debit account.

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globalconnectchennai

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3y ago
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14y ago

you spend your own money when using a debit card, you can only spend what you have.

A credit card is somebody elses money

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Q: Points of difference between credit card and debit card?
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Continue Learning about Finance

What is the difference between debit and credit?

Debit - purchase deducted from your bank account Credit - gets put on a bill, and you pay it later


What is balence?

The balance is the difference between the totals of the credit and debit sides of a financial account.


What are the differences between a debit card and a credit card?

The difference between a credit card and a debit card is a debit card is for money that you place in your own bank account that can be withdrawn with a personal pin number. A credit card company lends the person money and charges interest.


What is different between debit and credit?

the main difference between debit and credit are how they are processed. when you use debit you will be asked to enter a "personal" pin or code. debit transactions have a limit of how many times you've used your debit card that day. when you use credit you are protected from liability. if someone steals your credit card, and you report it, you will not be liable for their credit transactions. so you are less protected if you use credit over debit. for Debit you can spent your maximum money in your balance bank account. but if if credit card, this is like a loans or there's maximum balance in your credit.


How does a Charter One credit card differ from other credit cards?

One difference of the Charter One credit from other credit cards is that the Charter one allows the user to combine their debit and credit card for everyday use to earn reward points. Some other credit cards may also have the same function of earning reward points but not the combination of debit and credit uses. The Charter One is mainly for business use purposes, this may be also be a difference to other credit cards.

Related questions

What is the difference between atm and debit card?

difference between debit cards and ATM cards Debit cards, there are points of sale or ATM cards, there are no points of sale


Difference between debit and credit in accounting?

A debit is money paid out or a loss, a credit in income or a gain.


What is the difference between a credit memorandum and a debit memorandum?

A Debit Memo is a over payment A Credit Memo is a over payment


What is the primary difference between a credit card and debit card?

credit mean were you take money debit is what you give money


What is the primary difference between a credit card and a debit card?

credit mean were you take money debit is what you give money


What is the difference between debit and credit?

Debit - purchase deducted from your bank account Credit - gets put on a bill, and you pay it later


In accounting what is the difference between debit and credit?

A debit is an entry showing money you have payed out. A credit is an entry showing money you have received.


What is different between credit meno and debit memo?

The primary difference between credit and debit memo is where it originates. Credit memo is raised by a supplier to a consumer when goods are returned, while debit memo is raised by a consumer towards the supplier.


What do you mean by debit and credit in tally?

A credit and debit tally is the total of the credits and debits, separately. The difference between the totals is the net profit or loss.


What is the difference between a smart card and a payroll card?

what is the difference between a credit card, debit card and smart card


Does newegg accept debit?

As long as you can use your debit card at stores just like credit cards are used, your debit card will work. Newegg won't know the difference between your debit card and a credit card.


What is balence?

The balance is the difference between the totals of the credit and debit sides of a financial account.