Discover key differences between debit and credit cards: spending limits, impact on credit scores, interest charges, and ...

Debit cards pull funds directly from your bank account when making purchases or withdrawing cash. Setting up a PIN and monitoring account balances via mobile apps helps avoid overspending and fees.

Sometime around 2007, Marc Fusaro, then a professor at East Carolina University, sat in a friend’s kitchen and explained that he was researching the methods people use to rein in their credit-card ...