Author Topic: What the forget is a debit card?  (Read 577 times)

Stupid question.
I KNOW what a debit card is obv, but whats the difference between debit and credit?
Now that I'm 17 I am going to get a debit card for steam games and Newegg stuff. Fill me in.
Can I use debit card purchases online? Whats the difference between it and credit?

debit means it pulls from money that you actually have
credit is "i'll pay this back later"

i think debit is spending your own money from a card and credit is spending not your money from a card and then paying it back

you "charge" a debit card with money up front and with a credit card you pay your bills afterwards

A credit card takes loans from the credit card company and you pay it back later. A debit card takes your money directly from your checking account.

Oh, okay. This makes sense.
Can I pay online w debit?

if you have money in your bank account, yes you can make purchases online
you still can even if you dont, but it will overcharge your account and youll receive a fine for i t (for most banks)

Oh, okay. This makes sense.
Can I pay online w debit?
really brother but yeah you can