Share Credit VS Debit Card
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A small plastic card with a specific account number
Both
This card is linked to a checking account.
Debit Card
Users can earn rewards like cash back or points towards travel
Credit Card
Users can set up a personal security code called a PIN number.
Debit Card
Customers spend the money in their accounts at the time of purchase.
Debit Card
Users borrow money on the card and pay it at a later time
Credit Card
Purchases are subject to interest charges if the balance is not paid in full
Credit card
Transactions are recorded in a monthly statement
Both
Users can sometimes be responsible for an annual fee or other penalties.
Credit Card
Card balances can be paid at the end of the month to avoid interest.
Credit Card
Users can ask for cash back at the time of purchase
Debit Card
This card can be used at an ATM to withdraw cash from a checking account.
Debit Card
Users are limited to a specific amount called a credit limit.
Credit Card
Payment history is recorded on a credit report.
Credit Card
This card can be used at an ATM to withdraw cash from a checking account
Debit Card
Allows for unlimited purchases
Neither
