No, an ATM card is not a credit card. An ATM (Automated Teller Machine) card is a type of debit card that is linked to your checking or savings account, and can be used to withdraw cash, check your account balance, transfer funds between accounts, and sometimes make purchases at merchants that accept PIN-based debit cards.
When you use an ATM card to withdraw cash or make a purchase, the funds are deducted directly from your bank account, so there is no borrowing or interest involved. Unlike credit cards, which may charge high-interest rates and fees, ATM cards typically do not charge interest, but may have fees for using non-network ATMs or other services.
It’s important to keep in mind that some debit cards, including ATM cards, may have limited fraud protection compared to credit cards, and may not offer rewards or other benefits for using the card. However, using an ATM card can be a good way to manage your spending and avoid debt, as you can only spend the funds that are available in your account.