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How to Use Credit and Debit Cards
Game Code: 2079323
English
17
Public
Vocabulary and Understanding the difference between debit and credit cards. Plus a review of how credit cards work
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Crystal Meakin
65
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A card that uses the money from your bank account.
a debit card
15
When can I use a debit card?
Only when there is money in my bank account
15
True or False - A credit card borrows money from a credit card company.
True
15
True or False - A debit card borrows money from a credit card company.
False, a debit card uses money from a bank account.
15
Which card do you use to take $100 from your savings account.
You are using a debit card.
15
What do you get from your credit card company each month?
You get a bill or credit card statement.
15
What information does a credit card statement have in it?
purchases, payments, refunds, payment due date, balance, minimum payment.
15
Name 3 types of credit cards.
AmEx, Visa, Mastercard, Discover
15
You should pay the ____________ from your credit card statement each month.
You should pay the balance from your credit card statement.
15
The smallest amount you should pay each month is?
the minimum payment.
15
The day you have to make your payment is the ________________.
The due date.
15
You borrow money from this place.
the credit card company.
15
When you buy something it is called a __________________.
A purchase.
15
If you don't pay your balance then you need to pay _______________.
interest
15
You can get an ______________ if you need more money in your chequing account.
an overdraft
15
When you buy something with your credit card you ____________ money to the credit card company.
owe
15
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