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- 1. Multiple Choice
Purchase is withdrawn directly from a checking account.
Debit card
Credit card
Both
- 2. Multiple ChoiceEach purchase is a loan that is repaid laterDebit cardCredit cardBoth
- 3. Multiple ChoiceYou can purchase an item now and pay for it later.Debit cardCredit cardBoth
- 4. Multiple ChoiceInterest may be charged.Debit cardCredit cardBoth
- 5. Multiple ChoiceIt requires the use of a PIN when making a purchase.Debit cardCredit cardBoth
- 6. Multiple ChoiceA checking account isAn interest bearing account where your deposit remains for a set period of timeAn account where money can easily be deposited and withdrawn by means of checks, debit cards and ATM transactions.A computer that checks your email account
- 7. Multiple ChoiceI will get a bill at the end of the month for this cardDebit CardCredit CardBoth
- 8. Multiple Choice
More useful when you are short on cash in an emergency.
Debit card
Credit card
Both
- 9. Multiple ChoiceYour grandmother takes you out for pizza for your birthday. She pays with a card and money for the bill comes out of her checking account.Debit cardCredit Card
- 10. Multiple Choice
Your mom goes to the ATM at the bank and withdraws $300 from her checking account with her card.
Debit card
Credit Card
- 11. Multiple ChoiceYour dad goes to the gas station, fills up the car with gas and pays with his card. He will get a bill at the end of the month for the gas.Debit cardCredit card
- 12. Multiple ChoiceYou made the softball team. YEAH!!! Dad takes you to buy a uniform. He pays for the purchase with a card, enters his PIN and gets $20 in cash back from his checking account.Debit cardCredit card
- 13. Multiple ChoiceIt’s the end of August and you need school supplies. Your mom pays for them with her card. The bill for your school supplies shows up on her monthly card statement. It is small enough to pay now so she does not have to pay interest.Debit cardCredit card
- 14. Multiple ChoiceYou got the lead in the school play. Your mom stops at the ATM to get $50 from her savings account then takes you to the fabric store to get supplies to make your costume.Debit cardCredit card
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