How do credit cards differ from debit cards? AND How is my FICO score affected by my use of credit?

I'm trying to decide whether or not I should get a credit or debit card, but I'm not sure what the differences between the two are. Also, I was wondering how will my FICO score be affected once I get a credit or debit card. Thanks in advance for any help.|||Debit cards are not extensions of credit and are not reported to the credit bureaus. They have nothing to do with your FICO score. They are tied to bank accounts. You can use them as debit or credit transactions but the funds still come directly from your bank account. A debit transaction requires your PIN to authorize; a credit transaction is authorized by your signature.





Credit cards are an extension of credit. You apply and are granted a line of credit. You get a monthly statement which shows the charges you've made and a due date for payment. If you don't pay the balance in full, you will be charged interest.





Credit cards are regularly reported to the credit bureau and can build good payment history which will help your FICO score.|||A debit card allows you to pay without using physical cash, similar to a credit card. However it makes use of your cash at bank instead of racking up a debt as in a credit card. Credit cards give points which can be redeemed BUT charge a huge interest if you do not pay by the due date. It really depends on whether you have a large savings account or if you prefer to spend what you do not have now for immediate gratification. It also depends on how quickly you pay back loans and whether the points matter.|||You can use this credit monitoring service to pre-estimate future scores for different scenarios of such payments - credit-report-score.10001mb.com