Credit vs. debit card. Henry Stewart is trying to decide whether to apply for a credit card or a debit card. He has 8,500 in a savings account at the bank and spends his money frugally. What advice...

Credit vs. debit card. Henry Stewart is trying to decide whether to apply for a credit card or a debit card. He has
8,500 in a savings account at the bank and spends his money frugally. What advice would you have for Henry? Describe the benefits and drawbacks of each type of card.