Credit Card vs Debit Card

Jayden bought a pair of shoes by swiping his card at the store. He’ll actually pay the balance at the end of the month. What type of card is he using?

• Credit Card

• Debit Card

Eleanor stopped for a coffee on her way to work and paid by swiping her card. The cost of her coffee was immediately taken out of her checking account. What type of card is she using?

• Credit Card

• Debit Card

Pete purchased a new set of speakers for his home. The speakers cost $400 after taxes, but he actually paid $453.12 by the time they were paid off because of interest. What type of card is he using?

• Credit Card

• Debit Card

Jaxon is saving his money to buy an engagement ring. He swipes his card and decides that he will pay the cost of the engagement ring over time. What type of card is he using?

• Credit Card

• Debit Card

Nora attempts to purchase a new purse by swiping her card. However, the transaction is denied because she does not have enough in her account to pay for the cost of the purse. What type of card is she using?

• Credit Card

• Debit Card

Mr. Thomas checks out at the store by swiping his card; he also receives $20 cash back from the clerk. What type of card is he using?

• Credit Card

• Debit Card

Liam would like to purchase a new pair of golf clubs, but he does not have enough money in his bank account. Which of these is a possibility for Liam?

• He can use his debit card to buy the golf clubs and pay interest on the purchase.

• He can use his credit card to buy the golf clubs now and pay for them over time.

• He can use his debit card to pay for the golf clubs directly from his bank account.

• He can use his credit card to buy the golf clubs and pay the overdraft fee.

Michael dislikes that when he gets behind on his payments using this method of payment, he will be charged interest. Which type of card is he talking about?

• Credit Card

• Debit Card

Evie dislikes that this method of payment will charge her a fee if she accidentally tries to spend more than is in her account at the time.

• Credit Card

• Debit Card

Travis likes that this method of payment allows him to create his own security code, as well as to receive cash back at many stores when he needs it.

• Credit Card

• Debit Card