Your credit card bill this month amounted to $130. However, you were only able to pay $45. Which of the following could happen?

You bank may charge you interest for the unpaid balance this month.

Your bank may call you to remind you to pay the unpaid balance.

Your bank may not allow you to use your credit card anymore.

Your bank may not send you a monthly bill next month.

Your card bill this month amounted to $78. However, you failed to pai the bill before the due date. Which one of the following could happen?

Your bank will charge interest and a late payment fee on tip of the amount on your bill.

Your bank will do nothing if you have a good credit standing or score.

Your bank will immediately cancel your credit card.

You withdraw cash from your debit card that is more than the amount in your checking account. Which one of the following could happen?

Your bank will charge you an overdraft fee

Your bank will immediately close your checking account.

Your bank will charge you an extra fee the next time you get a debit card.

Your bank will call to remind you that you spent more than what was in your account.

You lost your credit card or debit card on your way home from school. It is important to do which one of the following?

You should call your bank immediately to report the lost card.

You should do nothing and just report it the next time you visit your bank.

You should wait for your monthly statement to check your balance.

You should do nothing and just wait for the bank to give you a replacement.

Which one of the following BEST describes a debit card?

A debit card withdraws money from your account when you make purchases.

Debit card purchases act like short-term loans from your bank.

A debit card has your name and your account on the card.

A debit card allows you to make purchases without using cash.

Which one of the following BEST describes a credit card?