Debit vs. Credit
You buy you and your friend lunch. What card should you use?
What is debit card?
You should never share this number with strangers
What is your PIN?
This is the money you borrow and are expected to pay back
What is credit?
These are things you need to survive, like food and housing
What are needs?
You should do this immediately if your debit or credit card is lost or stolen
What is contact your bank or card issuer?
You are buying a car and need to take out a loan. What card would you use?
What is Credit card
This machine lets you withdraw cash from your bank account
What is an ATM?
This is the extra money you pay for borrowing money
What is interest?
These are things you enjoy but can live without, like video games
What are wants?
A stranger calls asking for your full card number and PIN. What should you do?
What is refuse to share the information and contact your bank through an official number?
This is the maximum amount a credit card company allows you to borrow
What is a credit limit?
This number helps lenders understand how responsibly you use borrowed money
What is a credit score?
This is money you set aside instead of spending
What are savings
You see a $100 pair of shoes but only have $40. What is the smartest choice?
what is saving until you can afford them?
This type of scam tricks people into giving away personal or banking information through fake messages or websites
What is phishing?
This card lets you borrow money from the bank and pay it back later
What is credit card?
This is the amount of money available in your bank account
What is your account balance?
This happens when you don't pay your credit card bill by the due date
What is a late payment?
You check your bank account and notice you were charged twice for one purchase. What should you do?
What is contact your bank and report the duplicate charge?
You notice a purchase on your credit card statement that you did not make. What should you do?
What is report and dispute the unauthorized charge with your card issuer?
You use this card to spend money you already have in your bank account
What is a Debit card?
This is the record of money coming into and leaving your bank account
What is a bank statement?
Paying your full credit card balance by the due date can help you avoid this on purchases when your card has a grace period
What is interest?
This is where you keep your money at the bank
What is bank account?
You are using an ATM and notice someone standing very close behind you, watching you enter your PIN. What should you do?
What is cover the keypad, protect your PIN, and cancel the transaction if you feel unsafe?