What’s the difference between a credit card and a debit card?|Investment Forum|Forum on Investments and Cryptocurrency.|Allcryptoanswers

The main difference between a credit card and a debit card is how the money is spent:
This is the brief explanation between debit and credit card…

Debit card
Money is spent from your bank account immediately. Debit cards are often used for everyday purchases, like at the supermarket or ATM. Banks usually don’t charge annual or renewal fees for debit cards.

Credit card
Money is borrowed from the credit card issuer up to a certain limit. Credit cards are often used for larger purchases or abroad. Credit card companies charge interest on the borrowed money if it isn’t repaid on time. Credit cards may have annual fees, but some waive them if you spend a certain amount on the card.