Credit Card is a payment card issued to an individual (Cardholder) by the banks and NBFCs With this credit card, you can make purchases on credit, up to a predefined credit limit. It actually comes as a plastic card which is swiped on point of sale terminals placed at the merchant place. It is the flexible alternative to the cash payment and eliminates the risk of carrying a large amount of cash if in any situation.
Credit cards come with different features and benefits. The most popular credit card offers include cash-back credit cards, women credit cards, business credit card, entertainment credit cards, and low-interest credit cards, among others.
The difference is that in the case of a credit card the money spent is a borrowed money and you must repay to the bank before the due date. While in case of debit card it is your own money. With the credit card, you get a Short-term-zero-interest loan is repaid before the due date. In the case of a credit card, you can build a credit history which is not possible in the case of a debit card.