Unit 3 BTEC finance A2 ways to pay

Which is a safer way to pay ?

• cash

• debit card

Which is more suitable to pay your gas bill ?

• direct debit

• standing order

Contactless payment is up to :

• £30

• £ 45

• £50

• £100

Which is better to buy something that you don't currently have the money for ?

• debit card

• credit card

A card that only works in one shop :

• charge card

• store card

• debit card

• credit card

Which has to be paid in full after the credit period (eg. 1 month)

• charge card

• credit card

CHAPS =

• Co-ordinated Health Assessment Plans

• Care Home Automated Payment System

• Clearing House Automated Payment System

How long are cheques valid for ?

• one month

• two months

• three months

• six months

Use a Standing Order to :

• pay your electric bill

• pay your MOT bill

• pay pocket money to a relative

• pay your mortgage

Which is a charge card ?

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