Credit Cards vs. Debit Cards

With this card, you pay interest on the balance.

• Credit Card

• Debit Card

Tags

CCSS.RI.6.2

CCSS.RI.7.2

CCSS.RL.5.1

CCSS.RL.6.1

CCSS.RL.6.2

You need to enter a 4-digit PIN (Personal Identification Number) when you take out cash.

• Debit Card

• Credit Card

Which card do you use when you are paying for an item over time?

• Debit Card

• Credit Card

This card is issued from a bank.

• Debit Card

• Both

• Credit Card

A credit card is a loan from a bank or credit card company used to buy now and pay later.

• False

• True

Tags

CCSS.RI.5.3

CCSS.RI.6.3

CCSS.RI.6.5

CCSS.RI.7.3

CCSS.RI.7.5

You go to the ATM at your bank and withdraw $30. Which card do you use?

• Debit Card

• Credit Card

Tags

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

Your mom buys a brand new TV and will pay for it at the end of the month.

• Debit Card

• Credit Card

You purchased groceries and took out $20 cash from your checking account.

• Debit Card

• Credit Card

Interest can be charged, but can be avoided by paying the entire balance by the end of the month.

• Debit Card

• Credit Card

• Both

Your car broke down and you had no money to fix it, you used a card that allows a later payment.

• Both

• Debit Card

• Credit Card

Tags

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4