Debit Cards vs Credit Cards

Front

Why use a credit card over a debit card?

Back

You can build credit, earn rewards, and pay less than you owe.

Front

What is a credit card "minimum"?

Back

The least amount you need to pay back each month

Front

What happens when you spend more than you have with a debit card?

Back

You will "overdraft"

Front

Overdraft applies to...

Back

Debit cards only

Front

Each month you should...

Back

Pay full credit statement if you can

Front

What will NOT hurt your credit score? Options: Missed payment, Late payment, Early payment, Having too many credit cards

Back

Early payment

Front

What is a credit limit?

Back

The most you can spend on a credit card

Front

A debit card is...

Back

Connected to your checking account

Front

Which is true? Options: You should have multiple debit cards, You can only have 1 credit card, Debit cards don't require monthly payments, All credit cards have minimums

Back

Debit cards don't require monthly payments