Debit and credit card differences

Although debit and credit cards may seem the same, they are not. While both are extremely convenient and are generally accepted at the same places, the difference lies in where the funds are pulled from.
 
A Debit card draws money directly from your checking account when you make a purchase. Because of the transaction is from your account, you don’t receive any additional bill as you have already made the payment for the purchase.
 
A Credit card allows you to borrow money in small mounts at the time of purchase. You are then charged interest on that purchase after a general grace period (usually 30 days) and are sent a monthly bill.

 

Credit Card, Pie Chart, and Shopping Cart

Interested in learning more about credit cards? Explore how credit cards work. Learn how to compare offers, pay off your balance, and about your rights as a consumer with our Credit Card module in NBC’s free Money Matters Program.

Learn More About Credit Cards


Visa ® Platinum Cash Rewards Credit Card

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Let all those purchases work for you! Earn up to 3% cash back on every purchase when you shop at select community-based merchants as part of the Community Rewards Network™* 

  • $0 Annual Fee 
  • APR (For Purchases, Balance Transfers, and Cash Advances): 14.49%
  • Cash Advance Fee: Either $5 or 2% of the amount of each cash
  • Foreign Transaction Fee: Up to 1% of each transaction in US Dollars
  • Earn unlimited 1% cash back on every purchase
  • Credit Level: Good

Apply Now


Visa ® Platinum Rewards Credit Card

suitcase logo

Travel, merchandise, gift cards and more – you name it, you’ve got it with this rewards card! Earn up to 3% cash back on every purchase when you shop at select community-based merchants as part of the Community Rewards Network™*

  • $0 Annual Fee
  • APR (For Purchases, Balance Transfers, and Cash Advances): 12.99%
  • Cash Advance Fee: Either $5 or 2% of the amount of each cash advance, whichever is greater
  • Foreign Transaction Fee: Up to 1% of each transaction in US Dollars
  • Earn unlimited 1X points on every purchase
  • Credit Level: Good

Apply Now


Visa ® Platinum Credit Card

money icon

If you’re looking for a no frills card with a low rate, this one is for you!

  • $0 Annual Fee
  • APR (For Purchases, Balance Transfers, and Cash Advances): 10.99%
  • Cash Advance Fee: Either $5 or 2% of the amount of each cash advance, whichever is greater
  • Foreign Transaction Fee: Up to 1% of each transaction in US Dollars
  • Credit Level: Average

Apply Now