
Credit, debit, and prepaid cards—what’s the difference?
You use them every day but what is the difference, actually? Let’s get to the heart of the matter so you can decide what’s best for you.
7 min read
Around the world, people often misuse the term “credit card”—and it’s pretty easy to see why. While credit, debit, and prepaid cards have a lot of things in common (like expiration dates, payment providers like Mastercard and Visa, and actual card numbers) they are all pretty different.Here’s a quick rundown on what separates them and how to choose what’s best for you.