Credit cards: Credit cards are not money. They are a form of debt, and they allow you to borrow money from a credit card company to make purchases. You will need to repay the money you borrow, plus interest, on a monthly basis. Debit cards: Debit cards are a form of payment that allows you to access money from your checking account. When you use a debit card, the money is deducted from your checking account immediately. Here are some of the key differences between credit cards and debit cards: How they work: Credit cards allow you to borrow money from a credit card company, while debit cards allow you to access money from your checking account. How they are paid off: Credit cards must be paid off in full each month, while debit cards are automatically deducted from your checking account when you make a purchase. Interest: Credit cards charge interest on the money you borrow, while debit cards do not charge interest. Security: Credit cards offer more fraud protection than debit cards. If your credit card is stolen, you are not liable for unauthorized charges. However, if your debit card is stolen, you may be liable for unauthorized charges. In terms of whether credit cards or debit cards are money, the answer is that neither of them are actually money. Money is a medium of exchange that can be used to purchase goods and services. Credit cards and debit cards are simply tools that allow you to access money. However, credit cards and debit cards can be used to purchase goods and services, so they are often seen as a form of money. In fact, many people use credit cards and debit cards as their primary form of payment. Ultimately, whether you consider credit cards or debit cards to be money is a matter of personal opinion. There are valid arguments to be made on both sides of the issue.>