Credit Versus Debit

Credit Versus Debit

8th Grade

15 Qs

quiz-placeholder

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Credit Versus Debit

Credit Versus Debit

Assessment

Quiz

8th Grade

Practice Problem

Medium

Created by

Ann Greenfield

Used 6+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money is borrowed and repaid at a later date.

Debit Card

Credit Card

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money is automatically taken out of a checking or savings account.

Debit Card

Credit Card

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Great for emergency situations.

Debit Card

Credit Card

Both

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Card Declined if not enough money in account.

Debit Card

Credit Card

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Has extra perks.

Credit Card

Debit Card

Both

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

May pay interest

Debit Card

Credit Card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

May receive cash from ATM.

Credit Card

Debit Card

Both

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