What is the difference between a credit card and a debit card? O A credit card is loaned money, plus interest, whereas a debit card is linked to your bank account that contains your money. O A credit card is your money that is not loaned. A debit card is loaned money. None of the above.

What is the difference between a credit card and a debit card? O A credit card is loaned money, plus interest, whereas a debit card is linked to your bank account that contains your money. O A credit card is your money that is not loaned. A debit card is loaned money. None of the above.

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter5: Managing Checking And Savings Accounts

Section: Chapter Questions

Problem 1LTAI

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Question

What is the difference between a credit card and a debit card?
O A credit card is loaned money, plus interest, whereas a debit card is linked to your bank account
that contains your money.
A credit card is your money that is not loaned.
O A debit card is loaned money.
O None of the above.

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