It's the difference between 'debit' and 'credit'. Debit means 'subtract'. When you use a debit card, you are subtracting money from your own bank account. Debit cards allow you to spend only what is in your bank account. It is a quick transaction between the merchant and your personal bank account.
Credit is money made available to you by a bank or other financial institution, like a loan. The amount the issuer allows you to use is determined by your credit history, income, debts and ability to pay. You may use the credit with the understanding that you must repay the charges, plus interest, if you do not pay the amount in full each month. You will receive a monthly statement detailing your charges and payment requirements.
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