Tags Credit and Debit Cards Q&A

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Finance

Is credit card and debit card considered as a cash?

Anonymous

∙ 9y ago

Updated: 9/28/2023

No, credit cards are loans and debit cards are checks.

Wiki User

∙ 9y ago

Still curious? Ask our experts.

Chat with our AI personalities

Steve

Knowledge is a journey, you know? We'll get there.

Chat with Steve

Ezra

Faith is not about having all the answers, but learning to ask the right questions.

Chat with Ezra

Fran

I've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.

Chat with Fran

Add your answer:

Earn +20 pts

Q: Is credit card and debit card considered as a cash?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Finance

Can you get a loan with debit card?

A loan off of debit card like credit card cash advance? Yes

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

A debit card takes money directly from your account. A credit card takes the money from the credit card company, and the credit card company will bill you in monthly installments until you pay them back (plus interest). A debit card is like paying in cash, without actually having the cash on you. A credit card is similar to taking a small loan.

What is the essential difference in accepting credit cards in transacting business compared with accepting debit card?

When you purchase with credit cards, the transaction is on credit while when you purchase with debit card, the transaction is considered cash sale because the amount is directly deducted from your bank account.

Is it better to bring cash or visa debt or credit card?

A debit card, because cash can be stolen. If your card is stolen then you can cancle the card and get your money back.

Points of difference between credit card and debit card?

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. Call us: 7299927000 UNIK Solutions

Trending Questions

What is the largest currency printed in the US? What does the departments of apple do? What type of business Charles Schwab in and is it global? What is the phone number JP Morgan chase bank in New York? What kind of loans can one apply for at Community First Credit Union? What does FSI mean in real estate in India? What is the advantage of refinancing ones house? What are the 10 disadvantages of using online bill pay services? What is title insurance for? What did many farmers become when they were forced to leave their land due to defaults on mortgage payments? What are some of the services offered by Sony Financial Services? What is difference between tax and duty? What is the purpose of pre paid cards? What is meaning of utility statements? Why is my title transfer so expensive? What is Northern Trust Securities' DTC number? Who is responsible for trees that fall the day of real estate closing? What is the foreign exchange rate for the Capital One Quicksilver credit card? How do you say money in Chinese? How can I send money to Puerto Rico?

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.