0
Debit cards and credit cards look identical. They both carry the name of the cardholder, expiry date and account number. The only difference - is the way they operate. A debit card is a form of 'electronic cash' - it can ONLY be used if there is sufficient money in the associated account to cover the purchase. A credit card is designed to allow the user to make purchases - then pay for it later by instalments.
Add your answer:
Earn +20 pts
Is Mastercard a debit card?
no, it is a credit card. a mastercard can be either a debit or a credit card
How old do you have to be to get a visa debit card?
11, I'm 11 and i have a Visa Debit card with Lloyds TSB, a proper visa debit card.
Can you get a loan with a rush card its a debit card?
There are debit card loans, but they are basically payday advances.
Is a debit card another name for credit card?
No Debit card takes money straight away from bank account. Credit card makes a debt on card company, not your bank - then later the bank (or person) pays card company, plus interest sometimes.
What is better Debit card or Credit Card?
I prefer debit card but if you like the bank giving you money then paying it back then it credit card for you . If you have debit card is like your whole bank in your wallet :)
What is the popular name for debit card?
Signet card
What is another name for a debit card?
Charge card
What is debit and example of debit?
In finance, unlike accounting, a debit is a subtraction of funds. When you make a purchase using a debit card, money is subtracted from your account. Hence the name, 'debit card'.
Is a debit card another name for a credit card?
Yes
Can you get a debit card at 14?
Yes, you may have a debit card at any age, assuming the checking account is in that persons name.
What is a cardholder name?
The name of the person embossed on the credit/debit card
debit card?
Debit Card vs Credit Card
What is popular name for debit card?
aib lesar cart
What is a debit card used for?
A debit card is similar to a credit card, as they typically will contain a Visa, Mastercard or American Express logo. There are two typical types of non-credit cards: gifts cards (which do not have your name on the card) or debit cards (with your name). Debit cards are issued by a bank and generally have conditions for use and monthly maintenance fees. Debit cards can be used in many of the same ways a credit card can: in-person purchases, online purchases, ATM withdrawal (check your card). The difference between a credit and debit card is that debit cards traditionally do not affect your credit rating, whereas credit cards do.
What does name on debit card means?
It refers to the name printed on the card (beneath the card's number). If you are entering the name on an account, make sure it is entered exactly as it appears on the card.
Debit?
Debit card
How do you use a debit card with no name?
The most on all to be ready ..... To use debit card is all around... On time now to do to find to think..... So,to do the best on .....
