What is a debit card?
a special plastic card from your bank.
When you use your credit card, where does the money come?
the money you borrow comes from a bank or lending institute and you have to repay the money borrowed.
If there is $26 in the account, can you buy groceries for $48?
No, your debit card will decline.
What is an ATM?
An ATM is an Automated Teller Machine, which allows people to bank without the need for direct contact of the banking staff.
What Superhero throws silk from his hands?
Spider-man
When you use your debit card, where does the money come from?
It comes from money in your checking or savings account.
Do you have to pay back all the money you borrow on your credit card?
Yes.
When you use your debit card, what is the number you type into the keypad called?
Your PIN
What does it mean to withdraw money from your bank account?
It means to take money out of your account.
What is the fictional city in Batman?
Gotham
What happens when you use your debit card, and you don't have enough money in your account?
Your debit card will decline.
What are some benefits you get when you use your credit card?
points for travel, cash back on some cards, ....
True or False.
A Debit Card is the same as credit cards
False
What is it called when you put money into your account?
Depositing
What Superhero is faster than a train?
Superman
What is one advantage of using a debit card?
you don't have to carry cash (Paper money or coins).
True or False
When you use your credit card, you can spend as much as you want. There is no limit on the credit card.
False.
this depends on your credit limit.
True or False
You should share your (PIN) Personal Identification Number with your friends.
False
What should you do before you even use an ATM machine?
Make sure the area that the ATM is in is safe and clean.
What Superhero's outfits are Red, White, and Blue?
Wonder-woman, Captain America
How can you keep track of your spending when you use your debit card?
You can balance your check book, check your monthly debit card statements, or your online banking statement
When is it better to use your credit card?
A. When you make a small purchase.
B. When you make a hotel reservation
When you make a bigger item purchases such as hotel reservations, flights, car rentals, etc.
What does P.I.N. Stand for?
Personal Identification Number
Besides receiving money from an ATM machine, what other transactions can you do?
Name at least 2
1. Withdrawing money
2. Depositing money
3. Transferring funds from accounts
4. Checking account balances
Who was the first Superhero?
Doc Savage