A debit card is a card connected to your checking account, using the funds you have to make purchases. A credit card is connected to a line of credit, carrying a balance each month based on the ...

With more than 15 years of experience crafting content about all aspects of personal finance, Michael Benninger knows how to identify smart moves for your money. His work has been published by Intuit, ...

Prepaid cards and debit cards are both widely accepted at merchants worldwide, but one is preloaded and the other is not. Debit cards are linked to a checking account, while prepaid cards aren’t and ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. If you’re in search of a card that gives you the convenience ...

Debit cards give you easy access to the money you currently have available in your linked checking account. They’re different from credit cards, which allow you to make purchases with loans offered by ...

Credit cards and debit cards may seem like the same thing — after all they're both rectangular pieces of plastic — but they act quite differently. One card provides you with a revolving loan, while ...