🔵 5-4 Comparing Payment Methods | Instruction

What is a benefit of using a debit card for everyday purchases?

• It helps avoid overspending.

• It provides rewards and benefits.

• It offers better fraud protection.

• It is ideal for high-value transactions.

Why might you avoid using online payments with unverified vendors?

• They are slower than other methods.

• They offer better rewards.

• They may not accept debit cards.

• They could be less secure.

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What is a downside of a traditional checking account?

• It has high interest rates.

• It provides check writing capabilities.

• It may have a monthly maintenance fee.

• It offers unlimited transactions.

What is a special feature checking account designed for?

• General public use.

• High-value transactions only.

• Specific groups with unique needs.

• Only for online transactions.

What is a certified check?

• A check that cannot be replaced if lost.

• A check verified by the bank ensuring funds are available.

• A check issued by a retail store.

• A check used only for online purchases.

Which kind of account do you think best fits your situation?

• Traditional Checking Account

• Special Feature Checking Account

• Checkless Checking Account