Day 5 Personal Finance Checkpoint TEST

Front

Purchase is withdrawn directly from a checking or savings account. Options: Debit card, Credit card, Both

Back

Debit card

Front

Each purchase is a loan that is repaid later. What type of card does this describe? (Options: Debit card, Credit card, Both)

Back

Credit card

Front

You can purchase an item now and pay for it later. Options: Debit card, Credit card, Both

Back

Credit card

Front

It may require a signature when making a purchase. Options: Debit card, Credit card, Both

Back

Both

Front

Interest may be charged. Options: Debit card, Credit card, Both

Back

Credit card

Front

It requires the use of a PIN when making a purchase. Options: Debit card, Credit card, Both

Back

Debit card

Front

If the card is lost or stolen, report it immediately. Options: Debit Cards, Credit Cards, Both

Back

Both

Front

A checking account is

Back

An account where money can easily be deposited and withdrawn by means of checks, debit cards and ATM transactions.

Front

What type of card will I get a bill for at the end of the month? Options: Debit Card, Credit Card, Both

Back

Credit Card

Front

More useful when you are short on cash in an emergency.

Back

Credit card