Question

A _____ takes money directly from a checking account.

debit card

charge card

cash transaction

credit card

Answer 1

Debit card:a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.

Charge card: a credit card for use with an account that must be paid when a statement is issued.

Cash transaction: A transaction that involves the immediate exchange of cash for an asset.

Credit card: a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.

Which one?