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    Question

    What is the primary difference between a Credit Card and

    a Debit Card?
    A Credit cards allow overdrafts; debit cards do not. Correct Answer Incorrect Answer
    B Credit cards have higher interest rates than debit cards. Correct Answer Incorrect Answer
    C Credit cards are issued by banks; debit cards by credit unions. Correct Answer Incorrect Answer
    D Credit cards are only for online shopping; debit cards for in-store purchases. Correct Answer Incorrect Answer

    Solution

    Credit cards allow overdrafts; debit cards do not. One key difference is that credit cards can allow you to spend more than you have, creating a debt, while debit cards only allow you to spend what's in your account.

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