Debit & Credit Cards

Debit & Credit Cards

Assessment

Flashcard

Business

6th - 8th Grade

Hard

Created by

Wayground Content

FREE Resource

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48 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Money is withdrawn directly from a checking or savings account.

Back

Debit Card

2.

FLASHCARD QUESTION

Front

Each purchase is a loan that is repaid later.

Back

Credit Card

3.

FLASHCARD QUESTION

Front

Consumers can purchase items now and pay for them later.

Back

Credit Card

4.

FLASHCARD QUESTION

Front

Hefty fees may be charged if you spend more than what is in the account. Options: Debit Card, Credit Card, Both

Back

Debit Card

5.

FLASHCARD QUESTION

Front

Convenient to use. Options: Debit Card, Credit Card, Both

Back

Both

6.

FLASHCARD QUESTION

Front

A PIN (Personal Identification Number) is required to make a purchase. Options: Debit Card, Credit Card, Both

Back

Debit Card

7.

FLASHCARD QUESTION

Front

Interest may be charged but can be avoided by paying the entire balance each month. What type of card is this?

Back

Credit Card

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