How do I choose between Debit, Prepaid, and Credit? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

How do I choose between Debit, Prepaid, and Credit?

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

Debit for your account funds, Prepaid for a top-up balance, and Credit for a credit limit.

Steps

  1. Define your goal, fees, and payment method before choosing.

  2. Don't choose based solely on the benefits and forget the cost.

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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