Banking flashcard

Front

You are charged interest on purchases

Back

credit card

Front

Great for emergency situations

Back

credit card

Front

It is convenient

Back

Both

Front

May receive cash from an ATM: credit card, debit card, both

Back

debit card

Front

Money is borrowed and repaid at a later date

Back

Credit Card

Front

It replaces cash

Back

Both

Front

May cause unnecessary debt

Back

Credit Card

Front

Uses a PIN (personal identification number) for transactions

Back

Debit Card

Front

You can overdraft

Back

debit card

Front

To put money $$ in the bank, is called: WITHDRAWAL, DEPOSIT, INVEST, WRITE A CHECK

Back

DEPOSIT