Nope and yes. Credit cards exist to enable holders to buy goods and services, regardless of the amount of money they have with them at present. The money that the shopkeepers or merchants are owed is cleared by the banks. Your card acts as a sort of digital or virtual promise that you will pay the amount back to the bank as well as clear other dues that may have incurred. The card is also a way of leaving a digital footprint of your transaction, to act as a record of sorts. These cards often offer privileges like cashback and reward points.
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Generate JCB credit card complete with fake details such as card holder name, address and CVV.
The following are some tips that you might want to check out for your credit card/debit card safety use. Make sure you read the following to bullet-proof and worry-free use of you credit card.