Credit vs Debit Cards

Credit vs Debit Cards

5th Grade

8 Qs

quiz-placeholder

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Credit vs Debit Cards

Credit vs Debit Cards

Assessment

Quiz

Mathematics

5th Grade

Medium

Created by

Tammy Nash

Used 140+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

When you use a debit card you are using __________.

the bank's money

your parent's money

your money

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

When you use a credit card you are using _____________.

Ms. Hillary's money

the bank's money

your money

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

If you make purchases on a credit card you have to _________.

pay the money back to the bank

write it in your checkbook register

ask your mom to pay the bill

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The fee that credit cards charge customers for using their money is called ___________________.

rent

deposit

interest

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Safer than carrying cash.

Debit card

Credit card

Both debit and credit cards

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

You are NOT charged interest for using it.

Debit card

Credit card

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

You need a bank account to get this card.

Credit Card

Debit Card

8.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

In order to get a _________ you must have a good credit score.

Debit Card

Credit Card