Debit Cards

A card that allows you to access and withdraw money from your bank account

• Debit Card

• Credit Card

• Cash

A debit card does NOT have which of the following

• plastic card

• build interest

• has a magnetic strip or microchip

• has your name and information

A debit card has a _______ that is required when you make a withdrawal or purchase using your debit card

If you spend more money than you are allowed to what type of fee is taken out of your account?

• Overdraft fee

• ATM fee

• Late Fee

When you take money out of your bank account is that a withdrawal or deposit?

• Withdrawal

• Deposit

When you have money put in your bank account is that a withdrawal or deposit?

• Withdrawal

• Deposit

A bank account is tied to your

• credit card

• debit card

• Tik Tok

True or False: You buy a pair of shoes with your debit card and your bank will charge you interest.

• True

• False

True or False: Your debit card is connected to your credit card.

• True

• False

Your bank account can charge you an overdraft fee for spending more money than you have.

• True

• False