How do debit & credit cards work - II_Quiz - 1

If you don’t have money in your account, will the debit card still work?

• NO

• YES

Is a credit card like a short-term loan?

• NO

• YES

Do you get a bill every month with credit card purchases?

• YES

• NO

If you don’t pay your credit card bill, what happens?

• You may incur late fees, damage your credit score, and face collections.
• You will receive a refund for your last payment.
• You will earn rewards points for not paying.
• Your credit limit will increase automatically.

Can you use a credit card to pay bills?

• YES

• NO

Is Discover Indian company ?

• Yes, Discover is an Indian company.
• No, Discover is not an Indian company.