Debit vs Credit

Purchase is withdrawn directly from a checking or savings account. 

• Debit card
• Credit card
• Both

Each purchase is a loan that is repaid later.

• Debit card

• Credit card

• Both

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You can purchase an item now and pay for it later.

• Debit card
• Credit card
• Both

It may require a signature when making a purchase. 

• Debit card
• Credit card
• Both

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Interest may be charged.

• Debit card
• Credit card
• Both

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It can be used to purchase goods and services.

• Debit card
• Credit card
• Both 

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It requires the use of a PIN when making a purchase. 

• Debit card
• Credit card
• Both

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

• Debit Cards
• Credit Cards
• Both

More useful when you are short on cash in an emergency.

• Debit card
• Credit card
• Both