Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Unit 11: The Bottom Line On Borrowing Lesson 34: Credit And Credit Cards Module 118: Credit Cards Vs. Debit Cards
Test Description: Unit 11: The Bottom Line on Borrowing Lesson 34: Credit and Credit Cards Module 118: Credit Cards vs. Debit Cards
Instructions: Answer all questions to get your test result.
1) a ____________, the amount is deducted immediately from his checking account.
A
Credit Card
B
ATM card.
C
60 days
D
debit card
2) If you do not pay the credit card company the full amount of your bill, the money you owe is the
A
Limit
B
Grace period
C
balance
D
Credit Card
3) Advantages of Using a Credit Card and making regular monthly payments
A
Networth
B
interest
C
debit card
D
Establishing Credit
4) This fee is charged to customers when they write a check for more than they have in their checking accounts; this is also known as a bounced check fee.
A
Overdrawn account account fee
B
Interets
C
Returned check fees
D
ATM card.
5) How can you minimize the risk of someone stealing your information and using your card? Guard your information! Shred any papers (such as college application drafts) that have your ______________
A
Overdraft fee
B
Social Security number or Pin number
C
credit card cash advance
D
Carry a balance:
6) When you make a purchase with a _____________, you do not have to pay back the money until your monthly credit card bill is due—in between the time you make a credit card purchase and the date when your bill is due, your money remains in your checkin
A
PIN Number
B
credit card
C
Social Security number
D
Credit line (also referred to as credit limit)
7) When you pay with a __________, your are making a unsecured loan, is considered revolving
A
ATM card.
B
Credit Card
C
60 days
D
debit card
8) Your debit card is also your _______________ It is sometimes called a bank card or check card.
A
FED
B
ATM card.
C
Bull Market
D
Piggy Bank
9) If your Debit Card is lost, if you do not notify your bank within _______________, you are liable for the entire loss.
A
1 day
B
$50
C
60 days
D
No need to contact the bank
10) You can often use your credit card to obtain cash at an ATM, but you usually have to pay a _____________
A
Debit card
B
cash advance fee.
C
$500
D
Credit Card
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?