Difference Between Debit Card and Credit Card: Do you also have a passbook in the bank, do you also have a Debit Card or Credit Card (ATM Card) Do you know what is the difference between debit card and credit card. In today’s post, we will know what is a debit card, and what is the use of a debit card, how to create a debit card.
What is a Debit Card?
A plastic card issued by a bank from which you can withdraw cash, deposit cash and make online transactions, which is linked to your bank account is called Debit Card.
Difference Between Debit Card and Credit Card
There are many types of cards such as debit card and credit card is a credit card. Next, you will get all the information about the credit card.
This card is very much used nowadays. Because with the help of this card (Debit & Credit Card) you can withdraw money wherever you want, it is very easy. Difference between debit card and credit card.
What is a Credit Card?
A credit card is a plastic card issued by a particular bank, with the help of which you can make purchases and transactions whenever you want.
Without depositing the cash in the account because the credit card has the facility that as much of your score has been issued by the bank. You can use that much cash and after that, you have to pay the bank in installments.
A credit card is also considered very useful because it can buy any item in a loan without cash, in which the customer is sometimes given a very high discount. Which makes it easy to make purchases and the bank then takes that amount in installments. Difference between debit card and credit card.
Now we know how we can apply for Debit Card and Credit Card from the bank. First of all, we will talk about a “Debit Card” is a very easy way to get a Debit Card. By doing minor work, you will be able to get a Debit Card from your nearest bank branch.
If you already have a Saving Account or any other account, you can easily make a card. If you do not have any type of account, you can get it done very easily.
If you already have an account, then you have to go to your nearest branch where you opened the bank account, to go there, you will get a form to create an ATM from the manager or any employee.
After that, you have to give a photocopy of your Aadhar card and PAN card and after that, you have to submit for ATM card. Your given address will be delivered by post in 1 week.
Now let’s talk about people who have not yet opened any bank account, you have to go to any branch of any bank nearby or you have to take your document such as 2PC Passport Size Photo, Adhar Card, Pan Card.
Contact the manager or any employee and apply both the account and debit card, within 1 week you will get all the things. It may take time for your ATM (Debit Card) to arrive, but the Passbook of the account will be given to you immediately.
Hopefully, what is a Debit Card and how to make a Debit Card would have been found; now let’s talk about the Credit Card, you don’t have to hurry so much to get a Credit Card made.
Because there are many rules to get a credit card. That is why the bank gives you credit to use Cash Credit. If you have to take a credit card, then you must first use the same account meaning Debit Card, when your credit bank does not improve.
Because the credit card is available only when there is too much money in your bank, it is not always that you will put it in one day and take it out, in such a situation you will not be given a credit card.
But some banks and almost all banks have different rules that apply to Credit Card. Now we have started giving credit cards simultaneously, but you have to do as much as you are asked to deposit, then you are given a credit card.
Now the thing is that if you want to get a credit card, then you can contact your bank because the change in the rules of working for a credit card has been seen constantly.
Tell you that whoever has the credit card, takes only that and if you have to take only the useless card, then do not do such work at all because some annual amount will be taken from you after giving the credit card.
Friends tell you that when you want to take a credit card, then you should have a good job or good business in advance, otherwise the credit card is of no use.
Let me tell you that there is a lot of loss in credit cards but there is also a lot of benefits if you have a source of income because only debit card suits the money.
Let me tell you that in order to use the Debit Card, tell me that if you can give any other suggestion of any kind, then if you have missed anything at all.
What is the Difference Between Debit Card and Credit Card?
If seen, the Debit card is still running more, because you can also withdraw from the ATM from where you want with the debit card. Do you know what is the full form of ATM – Automatic Teller is Machine, do you come to withdraw money from ATM or not, please comment in the comment box. (Difference between debit card and credit card).
Some Important Things about Credit Card
If you are an ATM holder, then you should be aware of some things or else you can also be a victim of ATM fraud, let us tell you that there are many more frauds in ATMs nowadays. Let me tell you that if you also have to use Debit Card, then know how to use ATM today.
Those using the ATM card should not reveal the confidential four-digit PIN of your ATM to anyone. If you have told someone you are under compulsion then you should change your PIN again. If you do not know how to change the PIN of the ATM card, then comment below.
Do not take anyone with you while using the ATM when you need to get cash out. And never give an ATM to someone you don’t trust. Do not tell your ATM Card Number, Expiry Date, and CVV to the ATM holder.
The bank never asks for information about all these things. Despite this, if you have ever been a victim of ATM fraud, you should immediately contact the Bank Manager or else contact the Helpline of the Bank.
What is CVV?
Those using the ATM will know that there are some numbers on the front side of the ATM and ask if there are some numbers on the side. Today we will give information about this, Friends, there is a Card Number on the front side of the ATM, after which the name of the cardholder is there, then the Expiry Date.
The most important thing that happens on the other side of the ATM is the 3 digit CVV number in small letters. Friends, an online transaction is done in the ATM with the help of this CVV number.
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Let us tell you that online transaction is done through ATM Card Number and CVV and Registered Mobile Number. You have to take care of these things by yourself and be safe.
What Did You Learn Today?
Did you already know today how to use Debit Card and what is the difference between Debit Card and Credit Card? Please give this information in the comment box, Friends tell you that if you need any suggestion related to it, then please comment in the comment box below.