In many ways, using a debit card is like carrying cash since you have a limited amount of funds to draw from. You can use a debit card to make payments directly from your checking account or to ...

Debit cards: Debit cards draw money from your checking account, while credit cards rely on money that the credit card company has loaned you. Debit cards are linked to personal checking accounts.

And though debit cards and checks both draw from your bank account, checks carry some risks. You can only spend what you have in your account using a debit card. With a credit card, which extends ...