What’s the Difference Between Credit and Debit? Let’s Learn Together!

At Edifi Credit Union, learning about money can be fun and simple. So, let’s talk about two special cards: debit and credit. They may look the same, but they work in different ways!

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Think of your debit card like your toy box. When you want to play, you open it and use the toys you already have. A debit card uses money that’s already in your account— just like toys already in your toy box!

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Now imagine your credit card is like borrowing a pencil from your best friend at school. You didn’t bring one today, but your friend lets you use theirs. That’s nice, but you have to give it back later! A credit card lets you borrow money to spend now, but you must pay it back soon.

Knowing how your cards work helps you make smart choices. And at Edifi, we’re always here to help you grow your money smarts— because when you know more, you grow more!