Money is withdrawn directly from a checking or savings account.
Debit & Credit Cards

Flashcard
•
Business
•
6th - 8th Grade
•
Hard
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48 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
Debit Card
2.
FLASHCARD QUESTION
Front
Each purchase is a loan that is repaid later.
Back
Credit Card
3.
FLASHCARD QUESTION
Front
Consumers can purchase items now and pay for them later.
Back
Credit Card
4.
FLASHCARD QUESTION
Front
Hefty fees may be charged if you spend more than what is in the account. Options: Debit Card, Credit Card, Both
Back
Debit Card
5.
FLASHCARD QUESTION
Front
Convenient to use. Options: Debit Card, Credit Card, Both
Back
Both
6.
FLASHCARD QUESTION
Front
A PIN (Personal Identification Number) is required to make a purchase. Options: Debit Card, Credit Card, Both
Back
Debit Card
7.
FLASHCARD QUESTION
Front
Interest may be charged but can be avoided by paying the entire balance each month. What type of card is this?
Back
Credit Card
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