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Debit card vs credit card what is common difference between them did you yet know it lets explore it
Debit card is given when a person open a bank ac and deposit money in it then a physical plastic card is given to it to transact money from it the amount of money deposit in it you can transact only those money to shop or to take cash from atm
Credit card
While credit card is opposite to it card is like taking loan from bank if you applied for a credit card and you get it from bank then the amount of transcation you did from credit card is converted into loan and the amount is paid to whom you are paying and you get a time to repay it to the bank its like a physical card to get instant loan credit card has charges associated to it and they also take intrest if you dont repay in time you can also convert credit card loan in emi
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