One major difference between a debit card and a credit card is:
A) only the debit card helps you to build a credit history.
B) the debit card has lower minimum monthly payments.
C) you do not need to actually have the funds in your account when you use a debit card.
D) debit cards have no late fees.

Question

Quizplus · Accepted Answer

Debit cards are directly linked to your bank account, meaning you can only spend what you have. Therefore, they do not have late fees associated with them, unlike credit cards which can accrue late fees if payments are not made on time.

One Major Difference Between a Debit Card and a Credit