This is quite an interesting topic and very challenging at the same time.  It’s like someone slapping you in the face with Water is better than Cold Drink “Soda”.  I bet many would battle that out for decades but of course not the Science enthusiasts or the gym fanatics.  In banking, either if you have a Bank account, have had or have used a bank account or an ATM, you have probably had about the term , credit or Debit Card. Confused now?  These are absolutely two different types of Cards and each operates entirely different.

Both Credit cards and Debit cards are under Banking. We will dive that into the differences soon however here are the brief explanation of both;

What is a credit Card?

A debit card (also known as a bank card, plastic card or check card) is a payment card that can be used in place of cash to make purchases. It is similar to a credit card, but unlike a credit card, the money for the purchase must be in the cardholder's bank account at the time of a purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase.

Some debit cards carry a stored value with which a payment is made (prepaid card), but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on the Internet and there is no physical card. This is referred to as a virtual card.

Source Wikipedia

What is a Prepaid Card?

A prepaid card allows you to spend whatever amount of money is stored on the card.

 Once the balance is used up, you can reload the card online in your account for example in the yo swift app. Prepaid cards are issued by companies like Yo swift and these cards can be used across a network of merchants.