Question

5) What is the difference between a debit card and a credit card? What are some advantages and disadvantages of using a credit card?

Answer 1

Simple answer is that a debit card is money and only your money whatever to earn and deposit is all yours, and a credit card is borrowed money for example if you want to buy something a bit expensive you can use a credit card and pay it in payments to the bank instead of directly to a store

Answer 2

Answer:The difference is that a debit card has a Visa® or Mastercard® logo on its face. When you use a debit card, the money is deducted from your checking account. With a credit card, you're borrowing money to be repaid later. ATM and debit cards allow you to use ATMs, a safe and convenient way to manage your money.

Explanation:

Credit is important when wanting to buy a house or a car and much more.