Credit and Debit Cards

Front

Your mom goes to the ATM at the bank and withdraws $300 from her checking account with her card.

Back

Debit card

Front

What type of card does your grandmother use to pay for pizza, which takes money directly from her checking account? Options: Debit card, Credit Card

Back

Debit card

Front

What type of card does your aunt use to buy you a new outfit for school, telling you she’ll pay for it at the end of the month when she gets her bill? (Options: Debit card, Credit card)

Back

Credit card

Front

Your dad goes to the ATM and gets a $500 cash advance. He says, “Just one more vacation expense we’ll have to pay off when we get home.” What type of card did he use?

Back

Credit card

Front

What type of card did Dad use to buy a uniform and get $20 cash back?

Back

Debit card

Front

Interest is charged if balance is not paid each month. Options: Debit Cards, Credit Cards, Both

Back

Credit Cards

Front

Fees may be charged for: Debit Cards, Credit Cards, Both

Back

Both

Front

My credit history does not affect my chances for renting my first apartment.

Back

False

Front

To build a positive credit history, I should pay cash for all purchases.

Back

False

Front

I need to first pay bills, such as a loan or a phone bill to establish credit history.

Back

True