Debit/Credit Cards

This card cards allows consumers to spend money they have deposited in their bank account

• debit card

• credit card

• both

Allows a person to make purchases If card is lost or stolen, report it immediately Owner’s name and an expiration date on the card

• credit card

• debit card

• both

A PIN is required to make a purchase or get money out of ATM

• credit card

• debit card

• both

You apply for a ______ and need to be approved

• credit card

• debit card

• both

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.K.5A

You receive a bill each month

Full bill doesn’t need to be paid

• credit card

• debit card

• both

Issued by a bank and linked to customer’s bank account

• credit card

• debit card

• both

Spending limited by how much is in the bank account

• credit card

• debit card

• both

Tags

CCSS.7.NS.A.1B

You buy groceries with a card. The money comes directly from your bank account.

• credit card

• debit card

• both

You use this card to purchase items in a store

• credit card

• debit card

• both

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

You buy new shoes and use a card to pay. You receive a bill later to pay the transaction.

• credit card

• debit card

• both