Debit vs Credit Cards

Debit vs Credit Cards

Assessment

Flashcard

Financial Education

7th - 9th Grade

Hard

Created by

Wayground Content

FREE Resource

Student preview

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20 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Purchase is withdrawn directly from a checking or savings account.

Back

Debit card

2.

FLASHCARD QUESTION

Front

Each purchase is a loan that is repaid later. Options: Debit card, Credit card, Both

Back

Credit card

3.

FLASHCARD QUESTION

Front

You can purchase an item now and pay for it later.

Back

Credit card

4.

FLASHCARD QUESTION

Front

It may require a signature when making a purchase.

Back

Both

5.

FLASHCARD QUESTION

Front

Interest may be charged on which type of card? Options: Debit card, Credit card, Both

Back

Credit card

6.

FLASHCARD QUESTION

Front

It requires the use of a PIN when making a purchase.

Back

Debit card

7.

FLASHCARD QUESTION

Front

If the card is lost or stolen, report it immediately.

Back

Both

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