Which statement best describes purchases made with a debit card?APurchases made with this card are subject to interest.BPurchases made with this card can be paid over time.CPurchases made with this card are withdrawn directly from a bank account.DPurchases made with this card are subject to a credit limit.

Which statement is true of both credit cards and debit cards?A.They are accepted by all merchants.B.They are linked to a checking or savings account.C.They have unlimited lines of credit.D.They offer convenience and fraud protection.SUBMITarrow_backPREVIOUS

Explain any four differences between debit card and credit card

What distinguishes a debit card from a credit card in e-banking?*1 pointa) It operates on a credit basisb) It is used for large transactions onlyc) It operates on a cash basisd) It is not accepted at retail stores

Making purchases with a credit card means that you're borrowing money with interest, and ______ pay much higher interest rates.College graduatesOld peopleRich peopleYoung people

Select the aspect(s) below that are a benefit of a credit card use.You can select more than one answer.A.It allows buyers to postpone the actual payment of the goods and services,  and without paying interest in some circumstances.B.It provides a free automatic loan for the sellers of the goods and services.C.It permits to activate the money in the term deposit account.D.It allows the buyers to acquire goods and services  without using their transactional bank account