Checking Accounts: Withdrawing Money

What is the difference between a credit card and a debit card

When you use this card to order expensive furniture by phone, and it never arrives, and the furniture company cannot be located, the card company must remove the questionable charge from your bill while it investigates the charges.

• Debit

• Credit

When you use this card to order expensive furniture by phone, and it never arrives, and the furniture company cannot be located, the money will have been taken from your bank account by the company, and your bank does not have an obligation to investigate

• Debit

• Credit

When you use this card you will never have to pay interest charges.

• Credit

• Debit

When you use this card you can have an interest-free loan as long as the full balance is paid by the statement due date.

• Debit

• Credit

When you use this card you are liable for no more than $50 if fraud occurs, according to federal law.

• Debit

• Credit

This card is a convenient form of borrowing with a revolving line of credit

• Debit

• Credit

A consumer used this card to purchase $84.85 worth of goods and services and one year later owed $365.79 on this account because of fees and penalties that were added to the account.

• Debit

• Credit

This card is a service offered by banks and is used for a point-of-sale transaction. It replaces both cash and checks.

• Debit

• Credit

Which is the greatest cause of overdraft fees

• Bank Fees

• Check Fees

• Electronic Fees

• Debit/ATM Fees