WONDER #115: Are Debit Cards and Credit Cards the Same?
Question 1 of 3
The extra fee banks charge you when you don’t pay off your credit card balance each month is called what?
- free money
- interest
- loan shark
- convenience fee
Question 2 of 3
Money is electronically withdrawn directly from your bank account when you use which type of card?
- debit
- credit
- prepaid
- license
Question 3 of 3
Which of the following interest rates would be most attractive if you were shopping for a credit card?
- 1%
- 5%
- 10%
- 18%
Check your answers online at https://www.wonderopolis.org/wonder/are-debit-cards-and-credit-cards-the-same.