A debit card is a card with the money you have earnt. A credit card is money that you borrow from the bank and that money you have to pay back which keeps on going up on extra pay backs if you take a long time to pay it back. e.g.

you borrow £4500, you wait 2 months to pay it back, you might have to pay £4950 back. A debit card also sometimes has an overdraft like £100 which if you go below £0, you have to pay back the money. However, if you for example go over that overdraft say £100, you have to pay back the money plus interest. e.g. spend £227, pay back £240.

On a debit overdraft or a credit card, if you never pay back the money say £1000 goes up to £100,000, the bailiffs will come and take what they think is worth that much. Be warned: if nothing in your house is worth that much money, the bailiffs will take your home.

Debit Card

Credit Card