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Debit & Credit Cards

Authored by Regina Jackson

Mathematics

6th Grade

CCSS covered

Used 86+ times

Debit & Credit Cards
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24 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A checking account is

An interest bearing account where your deposit remains for a set period of time
An account where money can easily be deposited and withdrawn by means of checks, debit cards and ATM transactions.
A computer that checks your email account

Tags

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debit card is a buy-now, pay-later payment type with a grace period for payments.

True

False

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

An example of a financial institution is:

A department store

A bank

A school

An ATM machine

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a disadvantage of a credit card?

Credit cards are buy-now, pay later

Credit cards provide preapproved credit

Credit cards charge interest

Credit cards are the best way to pay for something online, because you can dispute a the charge

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Debit Card or Credit Card?

Interest is charged if the amount is not fully repaid.

Debit Card

Credit Card

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Debit Card or Credit Card?

When a purchase is made, money is immediately removed from a linked account.

Debit Card

Credit Card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Debit Card or Credit Card?

Has an assigned spending limit.

Debit Card

Credit Card

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