Differentiate between a checking account and a debit card. Learn how each works, their pros and cons, and when you need them for money management.

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 ...

When you use a debit card, you access existing money in your bank account for the purchase – which can make refunds a bit easier. When you shop with a credit card, you are actually borrowing money, ...

A Reddit user shares various benefits of using credit cards over debit. Some of these include getting rewarded for purchases, building credit, and gaining protection. Credit cards are a valuable ...