Credit Cards

Front

A debit card purchase draws the money straight from your account at the time you buy the item.

Back

TRUE

Front

A no annual fee credit card will cost nothing to use as long as: you pay the entire bill on time each month

Back

you pay the entire bill on time each month

Front

Credit cards work in a similar way to a short-term ____________ which can be used to buy a car or pay for college.

Back

loan

Front

When I think about having my own credit card it seems:

Back

like a super bad idea, kinda dangerous, sorta convenient, fabulous, and I can handle it

Front

Using a debit card is a lot like paying with _________, except you don't always have to have that with you.

Back

cash

Front

Debit cards and many credit cards have a code designed to protect you in case it is lost or stolen. It is called your:

Back

pin

Front

If you don't have funds in your account, your debit card may be declined.

Back

TRUE

Front

If you don't pay your balance in full each month, you will be charged ____________________.

Back

interest

Front

When you pay your credit card bills on time consistently, this does not help your credit score.

Back

FALSE

Front

Overspending is a big danger associated with credit cards.

Back

TRUE