Forms of Payment Quizizz

Which method of payment should I use when making a small online purchase?

• Cash
• Credit Card
• Debit Card
• Check

What is a disadvantage of using a credit card?

• It is easy to use.
• You can spend more than you have. 
• It can be used in emergencies.
• Banks sometimes give rewards on credit cards. 

Which is an advantage of using cash?

• It is accepted almost everywhere in the US.
• You can spend more than you have. 
• If you lose it, it is gone. 
• It is safer than a card or check. 

Which method of payment should I use when mailing money?

• Check
• Cash
• Credit Card
• Debit Card

Steve has a good job as well as a checking and savings account. When he went to the store to buy groceries, his total was $45.23. However, he only had $30 in cash on him. How should he pay for his groceries?

• Credit Card
• Check
• Debit Card
• He should get more money from an ATM. 

Tags

CCSS.7.EE.B.3

Mary has a part-time job. She can pay her bills but does not typically have much money left over. She gets into a car accident and must pay $400 for her car to be fixed. She only has $150 in her bank account and $24 in cash. How should she pay to fix her car?

• Check
• Cash
• Credit Card
• Debit Card

Tags

CCSS.3.OA.D.8

What is the difference between Debit and Credit?

• Debit uses money borrowed from the bank, Credit uses the money you already have.
• Credit uses borrowed money or the bank's money, Debit uses your money.  
• They are both cards, they are the same. 
• Debit charges interest until the balance is paid. Credit does not because you are using your own own money. 

The amount of money the credit providers allow us to spend is called __________

• credit limit

• balance

• credit card

• interest

Who are the credit providers? (Tick 2 answers)

• banks

• business companies

• parents

• credit card companies

Buying stuff with credit cards is kind of like having a _________________

• special price

• special promotion

• special loan

• special relationship

Tags

CCSS.L.8.5A