While choosing to swipe your debit card or credit card may seem arbitrary, there are significant differences in how they work, their benefits and their potential drawbacks. Knowing what happens “under ...

They may look the same, but they don't always work the same Katie Miller is a consumer financial services expert. She worked for almost two decades as an executive, leading multi-billion dollar ...

There are huge differences between swiping a debit card and swiping a credit card. And these differences go far beyond whether or not you’re racking up credit card debt. Debit and credit cards give ...

According to a 2021 Greenlight study, 32% of teens couldn’t distinguish between a credit card and a debit card. While these cards seem alike, they’re quite different. If your child doesn’t know this ...

Credit cards and debit cards look almost exactly alike but are actually quite different. Money you spend or withdraw using a debit card comes straight out of your bank account – you’re spending your ...

Though they’re both made of plastic and can be used for payments, credit cards and debit cards have a number of important differences — which can make a big difference for your finances. Dawn Lyons, a ...