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debit or credit quiz

Total questions: 15

Worksheet time: 9mins

Name
Class
Date
1.

what type of card do you need to use for getting money and paying the bank back

a)

credit card

b)

debit card

c)

pre-paid card

d)

bank card

2.

how do you get money on your debit card

a)

the bank

b)

work

c)

you bank account

d)

your friend

3.

you have to be (a)   to get a credit card

4.

how do you get money on your credit card

a)

work

b)

your bank account

c)

you friend

d)

the bank

5.

how much money can you get on a credit card

a)

$1

b)

none

c)

$10,000

d)

any amount

6.

they give you (a)   on you pre-paid card

7.

what do you do at the end of the month when you get a credit card

a)

keep buying stuff

b)

nothing

c)

pay the bank back

d)

give back everything you bought

8.

what happens when you don't pay the bank your credit card balance

a)

let you keep anything

b)

nothing

c)

they take your card away

d)

they take everything you bought away

9.

I will get my _ in the mail today that i can buy stuff now.

(a)  

10.

which card can you open a checking account

a)

credit card

b)

debit card

c)

pre-paid card

d)

bank card

11.

what does a credit card and a debit card have in common

a)

both used for goods and service

b)

nothing

c)

you have to be 21 or older to get

12.

what is a disadvantage of credit cards

a)

easy to overuse

b)

nothing

c)

they give you a certain amount of money

d)

have to be 21 or older

13.

what are benefits of credit cards

a)

make travel easy

b)

nothing

c)

easy to overuse

14.

how do you get a pre-paid card

a)

your bank account

b)

ordering one

c)

the bank

d)

your friend

15.

how much can you get on a pre paid card

a)

$1

b)

$50

c)

any amount

d)

none