What is the difference between a debit card or a credit card?

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kisstherain asked:


I live in Canada. I have this red CIBC card that says “convenience card.” How do I know if it is a credit or debit card? Is there any charges if i use them? I never used the cards before. I have a premium grown account. I am 16 if that matters. CIBC is a bank in canada.

Timothy

I get a refund during the grace period on a credit card statement, can I reduce the payment accordingly?

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What does charging my debit card as credit do for my credit?

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