Debit & Credit Cards

Money is withdrawn directly from a checking or savings account.

• Debit Card

• Credit Card

• Both

Tags

CCSS.6.NS.C.5

Each purchase is a loan that is repaid later.

• Debit Card

• Credit Card

• Both

Tags

CCSS.6.NS.C.5

Consumers can purchase items now and pay for them later.

• Debit Card

• Credit Card

• Both

Hefty fees may be charged if you spend more than what is in the account.

• Debit Card

• Credit Card

• Both

Tags

CCSS.6.EE.B.8

Convenient to use.

• Debit Card

• Credit Card

• Both

A PIN (Personal Identification Number) is required to make a purchase.

• Debit Card

• Credit Card

• Both

Interest may be charged but can be avoided by paying the entire balance each month.

• Debit Card

• Credit Card

• Both

If the card is lost or stolen, report it immediately.

• Debit Card

• Credit Card

• Both

Eric purchased a movie ticket with his card. This money will come straight out of his checking account. What card did he use?

• Debit Card

• Credit Card

• Both

Tags

CCSS.RI.11-12.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.8.4

CCSS.RI.7.4

Rosa’s gas pump went out as she was driving her car to work. Since she did not have enough money to cover the cost to replace the pump, she used a card that allowed her to pay later. What card did she use?

• Debit Card

• Credit Card

• Both

Tags

CCSS.RI.11-12.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.8.4

CCSS.RI.7.4