Does it make a difference when you pay if you use credit or debit on your debit card?
There is a world of difference – which is the timing when you actually pay for the goods. For a credit card, you are actually borrowing money made available from a bank. When you swipe your card, your credit limit given by the bank decreases and the bank in turn pays the amount of money to the merchant when they make a claim. At the end of each billing cycle, the bank bills you the total amount you have
.