Everfi FutureSmart Module 3

Your sister goes to an ATM and withdraws money from her checking account. What does she use?

• Credit Card

• Debit Card

Last month Eric used a card to purchase a new computer from a popular electronics store. When the bill arrived he realized he only had enough to make the minimum payment. What kind of card did Eric use?

• Credit Card

• Debit Card

Jenna used her card to purchase a present for her friend’s birthday. When she received her monthly statement it was $15 more than she anticipated. She then realized that the card’s annual fee was added to her balance. What kind of card did Jenna use?

• Credit Card

• Debit Card

You’re out grocery shopping with your grandmother and she needs an extra ten dollars cash. When paying for the groceries the cashier asks her to enter her pin number into the kiosk. What kind of card did she use?

• Credit Card

• Debit Card

Your mom returned a pair of pants she purchased that were the wrong size. A few days later she checks her online bank statement to see if the money had been returned to her checking account. What kind of card did she use?

• Credit Card

• Debit Card

Your parents have made you an authorized user on their account and have given you a card to use to get your back to school supplies. What kind of card is this?

• Credit Card

• Debit Card

The family car was in need of a few repairs. Your dad pays for the repairs with a card and says “We don’t have enough to cover the costs right now. I will have to put this on my card and pay the bill when I get paid.” What kind of card is this?

• Credit Card

• Debit Card

Lynda gets an alert through her mobile banking app notifying her that the latest purchase she made has caused her account to go into the negative. The fee for over drafting her account is $35. What kind of card did she use?

• Credit Card

• Debit Card

Cameron has been putting his allowance into a checking account that his aunt opened for him. He decides to use some of the money to buy a concert ticket online. What kind of card is Cameron using?

• Credit Card

• Debit Card

Interest rate charged by a credit card company on any outstanding credit card balance

• Debit Rate

• Annual Percentage Rate

• Annual out-of-pocket maximum

• ATM