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what is the difference between debit card and credit card
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Answer Posted / s.kavitha
debit card
it can be useful when our bank account has sufficent
funds at the time of using it.instead of cheques we can
use this card to with draw our money. it is asset.
credit card:
the name itself says the meaning of it. it will be provided
to the person who is eligible to get credit by the
financial institutions and banks. we can get credit
through this card.it is a liability.
| Is This Answer Correct ? | 172 Yes | 32 No |
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