Credit or Debit card

You buy groceries with a card. The money comes directly from your bank account.

• Credit card

• Debit card

• Both

Ryan wants to buy a new phone but does not have enough money. Which is NOT an option for Ryan?

• Use his credit card to pay for the phone now.

• Use a debit card to pay for the phone now.

• Save money and use his debit card to pay for a phone at a later date.

• Save money and write a check to pay for a phone at a later date.

You use a PIN to make a purchase and withdraw money from an ATM.

• Credit card

• Debit card

• Both

Purchases with this card can be paid over time.

• Credit card

• Debit card

• Both

To avoid carrying cash, Ned pays for his lunch using this card. Each time he uses this card his checking account decreases. Which card did he use?

• Credit card

• Debit card

• Both

You use this card to purchase items in a store.

• Credit card

• Debit card

• Both

You purchase shoes with a card. There isn't enough money in your account and you are charged an overdraft fee.

• Credit card

• Debit card

• Both

What is an advantage of using a debit card instead of a credit card to pay for a purchase?

• a debit card allows you to pay for a purchase over time

• a debit card builds your credit history if used responsibly

• a debit card pulls money directly from your checking account so it's more difficult to overspend

• a debit card is never an advantage over a credit card

Mrs. Brady took her family out to eat. She handed the waitress a card to purchase the meal. This charge appeared on a bill that she paid three weeks later. Which card did she use?

• Credit card

• Debit card

• Both

You apply to get this card and are approved with a spending limit.

• Credit card

• Debit card

• Both