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Is Atm Card The Same To Credit Card - Phones - Nairaland

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Is Atm Card The Same To Credit Card by Kindeed(m): 1:07pm On Feb 24, 2015
Please guys am getting confused what's the difference between atm card, credit card& debit card....... Your comment count please....
Re: Is Atm Card The Same To Credit Card by lordthree(m): 1:35pm On Feb 24, 2015
atm cards are cards that can work on the anytime money machine (atm machine)

your atm card being credit or debit depends on your agreement bank.

with credit cards you pay for things on credit and after a stipulated time agreed on with you and your bank you pay back the money spent.

debit cards are directly linked to your account and when you buy things using a debit card money is deducted directly from you account


so basically credit and debit cards are type of cards that can work on atms pos etc

9 Likes

Re: Is Atm Card The Same To Credit Card by hahn(m): 3:31pm On Feb 24, 2015
lordthree:
atm cards are cards that can work on the anytime money machine (atm machine)

your atm card being credit or debit depends on your agreement bank.

with credit cards you pay for things on credit and after a stipulated time agreed on with you and your bank you pay back the money spent.

debit cards are directly linked to your account and when you buy things using a debit card money is deducted directly from you account


so basically credit and debit cards are type of cards that can work on atms pos etc

Op, you owe this guy a crate of origin

4 Likes

Re: Is Atm Card The Same To Credit Card by lordthree(m): 3:47pm On Feb 24, 2015
hahn:


Op, you owe this guy a crate of origin
grin bruh
Re: Is Atm Card The Same To Credit Card by Kindeed(m): 3:52pm On Feb 24, 2015
lordthree:
atm cards are cards that can work on the anytime money machine (atm machine)

your atm card being credit or debit depends on your agreement bank.

with credit cards you pay for things on credit and after a stipulated time agreed on with you and your bank you pay back the money spent.

debit cards are directly linked to your account and when you buy things using a debit card money is deducted directly from you account


so basically credit and debit cards are type of cards that can work on atms pos etc
Thank you so much bro for your time....... I have a first banks atm master card........ How am i going to know whether it's a debit or credit card...........
.
Mind you, i need a card for buying stuff online.........

Thank you
Re: Is Atm Card The Same To Credit Card by Lexusgs430: 4:29pm On Feb 24, 2015
Kindeed:
Thank you so much bro for your time....... I have a first banks atm master card........ How am i going to know whether it's a debit or credit card...........
.
Mind you, i need a card for buying stuff online.........

Thank you

If you did not apply for credit card from 1st bank, then it's a debit card. It can be used for online transactions.

1 Like

Re: Is Atm Card The Same To Credit Card by lordthree(m): 4:33pm On Feb 24, 2015
Kindeed:
Thank you so much bro for your time....... I have a first banks atm master card........ How am i going to know whether it's a debit or credit card...........
.
Mind you, i need a card for buying stuff online.........

Thank you
its a debit card. and you can shop online if its a mastercard or visacard.

1 Like

Re: Is Atm Card The Same To Credit Card by kelvyn7: 6:06pm On Feb 24, 2015
lordthree:

its a debit card. and you can shop online if its a mastercard or visacard.

u can use any of them for buying stuffs online, whether credit card or debit card. the only difference is that with a debit card u can only withdraw from d amount u have in ur bank account. while a credit card allows u to withdraw even more than what u have in ur account. credit card is usually given to those who have regular earnings at the end of the month. so, u can spend more dan u have in ur account, if it happens that u unexpectedly have key tins to spend money on, so its like borrowing. then u pay back when ur money comes. if u dnt even exhaust ur salary b4 d end of d month, then u dnt need a credit card. a debit card will just b okay.

1 Like

Re: Is Atm Card The Same To Credit Card by parrotibaba(m): 7:44pm On Feb 24, 2015
@lordthree no offense but it's ATM not ATM machine (which comes out as automatic teller machine machine) ,OK?

2 Likes

Re: Is Atm Card The Same To Credit Card by Kindeed(m): 8:53pm On Feb 24, 2015
kelvyn7:


u can use any of them for buying stuffs online, whether credit card or debit card. the only difference is that with a debit card u can only withdraw from d amount u have in ur bank account. while a credit card allows u to withdraw even more than what u have in ur account. credit card is usually given to those who have regular earnings at the end of the month. so, u can spend more dan u have in ur account, if it happens that u unexpectedly have key tins to spend money on, so its like borrowing. then u pay back when ur money comes. if u dnt even exhaust ur salary b4 d end of d month, then u dnt need a credit card. a debit card will just b okay.
can i use my naira master card to shop products in US currency..
Re: Is Atm Card The Same To Credit Card by Lexusgs430: 9:12pm On Feb 24, 2015
Kindeed:
can i use my naira master card to shop products in US currency..

The problem you would have is, most sellers or retailers refuse to send items to nigeria(high level of fraud).
Re: Is Atm Card The Same To Credit Card by Warlord3000(m): 9:41pm On Feb 24, 2015
We all Learn everyday

Even if it looks and sound like a simple and ridiculous question cheesy

Nice thread wink nobody knows it all

1 Like

Re: Is Atm Card The Same To Credit Card by Nobody: 10:30pm On Feb 24, 2015
ITS EITHER A DEBIT OT CREDIT CARD
Re: Is Atm Card The Same To Credit Card by chiefololade: 4:59am On Feb 25, 2015
Nice responses from the top but let me just add this, there is nothing like atm card since the card is not designed for ATM alone (it is used on POS and online transactions), you either have a debit card or a credit card. Some people will even go as far as calling it ATM.

2 Likes

Re: Is Atm Card The Same To Credit Card by jay44(m): 8:29am On Feb 25, 2015
wow! so nairaland can b dis educative. i taught was all abt dissing nd cursing. tank u guys. i av learnt somtin.

2 Likes

Re: Is Atm Card The Same To Credit Card by Nobody: 8:36am On Feb 25, 2015
lordthree:
atm cards are cards that can work on the automated teller machine (atm machine)

your atm card being credit or debit depends on your agreement bank.

with credit cards you pay for things on credit and after a stipulated time agreed on with you and your bank you pay back the money spent.

debit cards are directly linked to your account and when you buy things using a debit card money is deducted directly from you account .thank me lqter


so basically credit and debit cards are type of cards that can work on atms pos etc
Re: Is Atm Card The Same To Credit Card by nairabetguru(m): 9:30am On Feb 25, 2015
Kindeed:
Please guys am getting confused what's the difference between atm card, credit card& debit card....... Your comment count please....


Atm cards is the same as Sim card grin
Re: Is Atm Card The Same To Credit Card by emilyone(f): 10:32am On Feb 25, 2015
nairabetguru:

Atm cards is the same as Sim card grin

You badt gan!

1 Like

Re: Is Atm Card The Same To Credit Card by Sunymoore(m): 12:39pm On Feb 25, 2015
Wow. I'm impressed
Re: Is Atm Card The Same To Credit Card by kelvyn7: 1:53pm On Feb 25, 2015
Kindeed:
can i use my naira master card to shop products in US currency..

I suggest u register with PayPal. I hv used my ordinary ATM debit card to buy something in dollars and I got it. I used PayPal. In case u dnt know Hw PayPal works. its an international, highly secure means of payment. when u register, they Link ur normal ATM account with d PayPal account. so u can pay for products in dollars. www.PayPal.com

1 Like

Re: Is Atm Card The Same To Credit Card by LaRoyalHighness(f): 4:02pm On Feb 25, 2015
Copied... Thanks for the enlightenment. Chei! Been calling my atm card 'credit card in public.... See falling of hands.

1 Like

Re: Is Atm Card The Same To Credit Card by iamrealdeji(m): 4:59pm On Feb 25, 2015
lordthree:
atm cards are cards that can work on the anytime money machine (atm machine)

your atm card being credit or debit depends on your agreement bank.

with credit cards you pay for things on credit and after a stipulated time agreed on with you and your bank you pay back the money spent.

debit cards are directly linked to your account and when you buy things using a debit card money is deducted directly from you account


so basically credit and debit cards are type of cards that can work on atms pos etc
Not anytime money machine,its automated teller machine,no Orijin for you
Re: Is Atm Card The Same To Credit Card by lordthree(m): 5:02pm On Feb 25, 2015
iamrealdeji:

Not anytime money machine,its automated teller machine,no Orijin for you
haha
Re: Is Atm Card The Same To Credit Card by wheesin(m): 5:05pm On Feb 25, 2015
i never knew o...

lemme go and register enough credit cards..i go borrow money tire..i go rich die grin undecided
Re: Is Atm Card The Same To Credit Card by iamrealdeji(m): 5:06pm On Feb 25, 2015
kelvyn7:


u can use any of them for buying stuffs online, whether credit card or debit card. the only difference is that with a debit card u can only withdraw from d amount u have in ur bank account. while a credit card allows u to withdraw even more than what u have in ur account. credit card is usually given to those who have regular earnings at the end of the month. so, u can spend more dan u have in ur account, if it happens that u unexpectedly have key tins to spend money on, so its like borrowing. then u pay back when ur money comes. if u dnt even exhaust ur salary b4 d end of d month, then u dnt need a credit card. a debit card will just b okay.
Ok,thanks brother,but do they do issue credit cards here in Nigeria?
Re: Is Atm Card The Same To Credit Card by emmathebigg(m): 5:15pm On Feb 25, 2015
pls any no how to link account with quickteller apps
Re: Is Atm Card The Same To Credit Card by kelvyn7: 5:59pm On Feb 25, 2015
iamrealdeji:

Ok,thanks brother,but do they do issue credit cards here in Nigeria?


yes they issue credit cards here in Nigeria. I got from Stanbic IBTC Bank, that's where my salary is paid. I'm sure other banks too give out.
Re: Is Atm Card The Same To Credit Card by kelvyn7: 6:04pm On Feb 25, 2015
LaRoyalHighness:
Copied... Thanks for the enlightenment. Chei! Been calling my atm card 'credit card in public.... See falling of hands.



lwkmd cheesy if I dey where u call am, I for laff u die. but it is also possible dat u have a credit card with u. it could be debit or credit card.
Re: Is Atm Card The Same To Credit Card by kelvyn7: 6:15pm On Feb 25, 2015
wheesin:
i never knew o...

lemme go and register enough credit cards..i go borrow money tire..i go rich die grin undecided


hahahahaha, sorry 4 u.
u tink say banks no get sense? lol
dat tin wen u dey tink so, dem don tink am.
a credit card is usually given to a salary earner. d bank is sure u will get paid, and pay back.
there is form ur MD at ur office has to sign to approve it.
in case u make way, na ur MD dem go hold responsible. cheesy
and u can't borrow more dan a certain amount: I think twice ur salary. depending on d agreement cheesy
Re: Is Atm Card The Same To Credit Card by iamrealdeji(m): 6:22pm On Feb 25, 2015
kelvyn7:


yes they issue credit cards here in Nigeria. I got from Stanbic IBTC Bank, that's where my salary is paid. I'm sure other banks too give out.
What if the account owner gets fired at his place of work and couldn't pay up after borrowing with his credit card?
Re: Is Atm Card The Same To Credit Card by kelvyn7: 6:45pm On Feb 25, 2015
iamrealdeji:

What if the account owner gets fired at his place of work and couldn't pay up after borrowing with his credit card?


that's when the Bank will "block" ur boss to get their money (even if it's thru a legal action).

normally, ur boss is supposed to alert d bank upon d event of ur sack, with alacrity.

Na for ur boss to first pay the bank then begin find u b dat ooo cheesy

if u run, na to pursue ur guarantors b dat ooo. make sure say ur guarantors too pack their loads, Lollll cheesy

na wahala ooo

so u beta cancel d mind say u wan borrow with credit card, then run away.

but if u are sacked and u have borrowed na to find money pay back na. who go pay am 4 u? cheesy
Re: Is Atm Card The Same To Credit Card by aiikay(m): 7:31pm On Feb 25, 2015
May I acknowledge that I have learnt something in this thread!

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