Credit versus Debit Cards

If the card is lost or stolen, report it immediately.

• Debit Cards
• Credit Cards
• Both

Card can be used to purchase goods or services.

• Debit Cards
• Credit Cards
• Both

Consumers can purchase items now and pay for them later.

• Debit Cards
• Credit Cards
• Both

If you spend more than the balance in your account, you will pay a hefty fee.

• Debit Cards
• Credit Cards
• Both

Small, hard, plastic card

• Debit Cards
• Credit Cards
• Both

Money is withdrawn directly from checking or savings account.

• Debit Cards
• Credit Cards
• Both

Interest is charged if balance is not paid each month.

• Debit Cards
• Credit Cards
• Both

Fees may be charged

• Debit Cards
• Credit Cards
• Both

Each purchase is a loan that is repaid later.

• Debit Cards
• Credit Cards
• Both

A PIN (personal identification number) is required.

• Debit Cards
• Credit Cards
• Both