Is a nevada federal debit card also a credit card too?

Question

i have a nevada federal credit union debit card, but i was wondering if it can be used as a credit card too because the lady first told me not to use it as credit for a couple days cause they'll decline it. so not sure if i can or not.

Answer 1

If it has a VISA logo on it (usually bottom right hand corney) then it can be ran as a VISA.  The differance between a credit charge and a debit charge is how the funds come out.  If you enter a PIN then usually come out fairly quick where if it is ran as a credit then it will take a day or 2, sometimes up 2 a week (depends on when merchant will run their credit transactions.

If you use your debit card as a credit, the funds will come out of your checking account balance.  

Just make sure to ask your specific finacial instition if it is ok to run it as a credit transaction, they may have their reasons to not allow you to do such a thing.

Answer 2

No, it is not a credit card.  Credit cards use a line of credit (loan). Debit cards take funds from your bank account.

The bank person was referring to processing.   If you use it as a debit, you have to use your PIN number.  If you use it as a credit card, you sign a slip instead of using your PIN.  In either case, the money still comes directly out of your bank account.  It's just two different ways to process the transaction.

Answer 3

no

Answer 4

If it called a debit card then It is not a credit card. Credit/Credit Card means you can use in the front funds from

Financial Institutions/banks and pay them at the later time by the term agreement.

Good Luck!

QL