TRANSACTION TYPES

Your sister goes to an ATM and withdraws money from her checking account.

• DEBIT CARD

• CREDIT CARD

Last month Eric used a card to purchase a new computer from a popular electronics store. When the bill arrived, he realized he only had enough to make the minimum payment.

• DEBIT CARD

• CREDIT CARD

Jenna used her card to purchase a present for her friend’s birthday. When she received her monthly statement, it was $15 more than she anticipated. She then realized that the card’s annual fee was added to her balance.

• DEBIT CARD

• CREDIT CARD

You’re out grocery shopping with your grandmother. When she is paying for the groceries, the cashier asks her to enter her PIN number into the kiosk.

• DEBIT CARD

• CREDIT CARD

Your mom returned a pair of pants she purchased that were the wrong size. A few days later she checks her online bank statement to see if the money has been returned to her checking account.

• DEBIT CARD

• CREDIT CARD

Your parents have made you an authorized user on their account and have given you a card to use to get your back-to-school supplies.

• DEBIT CARD

• CREDIT CARD

The family car was in need of a few repairs. Your dad pays for the repairs with a card and says, “We don’t have enough to cover the costs right now. I will have to put this on my card and pay the bill when I get paid.”

• DEBIT CARD

• CREDIT CARD

Lynda gets an alert through her mobile banking app notifying her that the latest purchase she made has caused her account to go into the negative. The fee for overdrafting her account is $35.

• DEBIT CARD

• CREDIT CARD

Cameron has been putting his allowance into a checking account that his aunt opened for him. He decides to use some of the money to buy a concert ticket online

• DEBIT CARD

• CREDIT CARD