Purchase Cards and Credit Cards are two different types of cards that are commonly used by businesses. While both enable users to purchase products or services, they differ in the way they operate.

A Purchase Card is a specific type of Credit Card that is issued to an individual employee or department within an organization. This card works on a pre-approved credit limit that can only be used to purchase approved items and services related to that organization. It is generally meant to simplify the ordering process while limiting unnecessary spending.

On the other hand, a Credit Card is a financial tool often issued through banks and lenders. It allows users to purchase products or services using the card, then pay for them at a later date. While this can provide valuable flexibility, it also carries an inherent risk of debt accumulation unless the money paid off each month exceeds the new purchases.

In summary, a Purchase Card limits spending on specific items to an established budget, whereas a Credit Card provides a greater degree of freedom with regards to what you can buy, but carries a higher risk of accumulating debt if not managed responsibly.