Credit Cards vs Debit Card??

Credit Cards vs Debit Card??

Assessment

Flashcard

Specialty

8th Grade

Hard

Created by

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25 questions

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1.

FLASHCARD QUESTION

Front

Which type of card allows you to accumulate a bit that has to be paid off, usually within a month?

Back

credit card

2.

FLASHCARD QUESTION

Front

Which type of card allows you to automatically withdraw from your account whenever you make purchases?

Back

debit card

3.

FLASHCARD QUESTION

Front

Which type of card can act like cash or a check when making purchases or paying bills?

Back

debit card

4.

FLASHCARD QUESTION

Front

Which type of card acts like a personal short-term loan?

Back

credit card

5.

FLASHCARD QUESTION

Front

Which type of card has a spending limit that is NOT dependent on how much money you have in the bank?

Back

credit card

6.

FLASHCARD QUESTION

Front

Which type of card has a spending limit that depends on how much money you have in the bank?

Back

debit card

7.

FLASHCARD QUESTION

Front

Which type of card charges a fee if the bill is NOT paid on time? Options: credit card, debit card, either type of card, neither type of card

Back

credit card

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