Interest, Credit & Debit Cards

Interest, Credit & Debit Cards

12th Grade

34 Qs

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Interest, Credit & Debit Cards

Interest, Credit & Debit Cards

Assessment

Quiz

Mathematics

12th Grade

Medium

Created by

Wendi Miller

Used 22+ times

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34 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Credit card

Debit card

Both

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Purchases with this card can be paid over time.

Credit card

Debit card

Both

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To avoid carrying cash, Ned pays for his lunch using this card. Each time he uses this card his checking account decreases. Which card did he use?

Credit card

Debit card

Both

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You purchase shoes with a card. There isn't enough money in your account and you are charged an overdraft fee.

Credit card

Debit card

Both

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mrs. Brady took her family out to eat. She handed the waitress a card to purchase the meal. This charge appeared on a bill that she paid three weeks later. Which card did she use?

Credit card

Debit card

Both

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Your dad's car is damaged while parked outside during a storm. He pays for the repairs with a card. The repairs then show up on the monthly bill for the card that he can pay back in smaller amounts over time. Did your dad pay with debit or credit?

debit

credit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Your mom takes you shopping for snacks, hygiene essentials, and decorations for your dorm room. She pays for the purchase with a card, enters her PIN, and gets $20 in cash back from her checking account. Is this an example of using debit or credit?

debit

credit

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