It’s a debit card because the money for purchases you make is deducted from your MONEY right away. With a credit card, you borrow money to make purchases and pay the amount plus interest at a later time. However, when you’re asked “Credit or Debit?” in the checkout line, you can do either. The merchant is simply asking you if you wish to sign (Credit) or enter a PIN (Debit) to authorize the transaction.
If you use your Card as a PayPass™ purchase for $50 or less, you don’t need to sign for the transaction. However, for your protection, purchases over $50 generally require a signature or PIN to be used. Learn more about PayPass.