What is the difference between Debit and Prepaid? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What is the difference between Debit and Prepaid?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

Debit is linked to a bank account, while Prepaid uses prepaid credit.

Key points

  • Choose Prepaid if you want separate control over your balance, and Debit if you want direct access to your account.

  • Fees and limits vary between products.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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