Debit Cards: You can use and spend your own funds that you have deposited in your bank account Credit Cards: You can spend up to a certain limit by borrowing from the credit amount allocated to your card by the issuing bank. Debit Cards: They do not offer rewards points Credit Cards: Users get access to a wide range of privileges and benefits such as travel discounts, cashbacks, cash rebates, discounts on bills, etc. Debit Cards: They come with an overdraft line of credit associated with the consumer’s bank account.Credit Cards: They come with a specified credit amount. If the consumer wants to spend beyond it, the card will decline the transaction.