1. Different meanings

Debitcard refers to a debit card. A debit card is a card that the cardholder deposits first and then uses. Credit card refers to a credit card. A credit card is a credit certificate issued to consumers with qualified credit. The card holder can use it first and repay later.

2. Different types

There are three types of debit cards, one is transfer card, the other is special card, and it also includes stored value card. There are generally only two types of credit cards, one is a credit card and the other is a quasi-credit card.

3. The limit of cash withdrawals is different

The upper limit of daily withdrawals from ATMs and other automatic teller machines with debit cards is 20,000 yuan, while the daily withdrawal amount of credit cards from ATMs and other automatic teller machines is 20,000 yuan. It shall not exceed 10,000 yuan.

4. Other differences

Debit cards are not allowed to be overdrafted, and interest can be accrued on the deposits in the debit card. Credit cards can be overdrafted, and no interest will be charged on the deposits in the credit card. The interest rate for credit card overdrafts has upper and lower limits. The upper limit is 5/10,000 of the daily interest rate, and the lower limit is 0.7 times of 5/10,000 of the daily interest rate.

Baidu Encyclopedia - Debit Card

Baidu Encyclopedia - Credit Card