What is a Debit Card?

The video follows a child's experience learning about debit cards during a shopping trip with their dad. The child learns how debit cards are linked to bank accounts, the importance of security features like PINs and chips, and the concept of contactless payments. The video also covers how to withdraw cash from an ATM using a debit card.

What did the narrator initially want to use to buy the video game?

• Dad's money

• Gift card

• Birthday money

• Credit card

How are debit cards typically linked?

• To a gift card

• To a prepaid card

• To a credit account

• To a bank account

What does the silver chip on a debit card store?

• The card's expiration date

• The cardholder's name

• The card's PIN

• Information needed by the bank

What is a PIN used for?

• To unlock the card

• To verify the cardholder's identity

• To activate the card

• To check the card's balance

Why is it important to keep your PIN safe?

• To prevent others from using your card

• To avoid bank fees

• To increase your credit score

• To earn rewards points

What is the spending limit for contactless payments?

• £50

• £100

• £200

• £150

What does the dad do to withdraw cash from an ATM?

• Uses a prepaid card

• Uses a credit card

• Uses a debit card and enters a PIN

• Uses a gift card