Presentation On Debit and Credit Card
Presentation On Debit and Credit Card
Presentation On Debit and Credit Card
01 02
Allows you to buy things Let’s you get cash
without carrying cash quickly
03 04
Take money out of your You can get cash back
account immediately when you buy something
in a store
CREDIT CARD
Credit cards are plastic or metal cards
used to pay for items or services using
credit. Credit cards charge interest on
the money spent. Credit cards may be
issued by stores, banks, or other
financial institutions and often offer perks
like cash back, discounts, or reward
miles.
USES OF A CREDIT CARD
Allows you to
01 02
Bonuses provided to credit card
buy products customers when they use their
and services on cards to make purchases
low-cost EMIs.
03 04
SAFETY between the end of a billing
overage for situations in which cycle and when your bill is due.
someone fraudulently uses your You may not be charged interest
credit card. on your balance as long as you
pay it off by the due date.
Difference between credit card and debit card
CREDIT CARD
● Borrowed funds issued by
DEBIT CARD
● Money deducted from your
a bank
bank account
● Helps u build credit
● Won't help u build credit
● Too much spending can
● Helps avoid accumulation
lead to debt
of debt
● Interest rates and fees vary
● No interest charges and
● Offers fraud protection as
little to no fees
well as protection against
● Does not offer fraud
unauthorized purchases
protection