What is the difference between Credit Cards or Debit Cards? Okay a Credit Card is loan that you can pay for 0% interest but if you do not pay you get charged 30% interest. A Debit Card is your own money and you do not get charged interest. Till here most people will pick a Debit Card but wait. Credit Cards have Fraud and Travel Protection while an Debit Card you lose it, it is gone. Think of a Debt Card as a X amount bill. Also credit cards give rewards from 1-10% back. Go back to www.luxworldplus.com after you think you mastered finance to learn how you can save on travel and make money from credits. Okay a Credit Card is better if you are responsible but else use a Debit Card. Also Credit Cards improve your Credit Score.