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Credit Card
Debit Cards
Scams
Differences
Random
100
What gives you bad credit on a credit card?
What is not paying the bills on time.
100
What Don't you have to pay on your Debit card monthly that you have to pay on a credit card?
What is interest rates
100
Do the bank representatives already have your pin number for the debit card?
What is yes always a good representative must always have your pin number of the debit card, because that is part of your bank account.
100
Which card withdraws money from paycheck?
What is debit card
100
What is a swipe fee
What is a percent of a fee taken from you when you swipe your card.
200
What do incentive programs look at ?
What is the amount of purchases you make and good credit.
200
What do some institutions charge for while paying for the item? Only if you what ?
What is pin-based transaction
200
What must you track on your cards?
What is expenses ,receipts.
200
Which card has the highest liability for the customer?
What is Credit card
200
If you pay your bills on time what do you save?
What is money
300
What happens when you miss a payment?
What is the item becomes more expensive.
300
What are bad purchases to make with a debit card?
What is cars,living room,tvs
300
How long is a investigation when a card is stolen?
What is 45 days maximum 90.
300
Do all merchants accept debit?
What is No not always
300
What is an overdraft fee?
What is when you dont have enough balance ,banks charge a fee to cover purchase.
400
What is the liability act called?
What is Fair Credit Billing Act
400
Give two examples of businesses that hold the money? When you pay?
What is Gas Stations, Hotels
400
60 days
What is the amount of limited liability?
400
Which card system will handle disputes for you from a bad product with the merchant?
What is credit card
400
For a swipe fee what is the percent banks take away from a debit card?
What is 1-2%
500
What Happens when you dint pay your past bill ?
What is the purchase becomes more expensive, plus your interest rates go up.
500
Name 3 different things you can and cannot but with a debit card?
What is (clothes,shoes,toys) (Furniture,car,TV)
500
If a card is stolen what is the name of the act that sets rights for the victim?
What is The federal Electronic Fund Transfer Act (EFTA)
500
Where does the money come from in a debit and credit card?
What is Credit from bank (loans) , debit money only from paycheck.
500
What is the Average Household Credit Card Debt ?
What is $8,400.00