Which of the following statements are true? Select the two correct answers. (1 point)

Question

Responses

You can never use a store credit card anywhere else.
You can never use a store credit card anywhere else.

Store credit cards co-branded with VISA, Mastercard, or Discover can be used anywhere that those cards are accepted.
Store credit cards co-branded with VISA, Mastercard, or Discover can be used anywhere that those cards are accepted.

Banks issue credit cards as well as debit cards.
Banks issue credit cards as well as debit cards.

A credit card from a bank is linked to the user’s checking account.
A credit card from a bank is linked to the user’s checking account.

Credit cards are the same thing as debit cards.

Answer 1

The two correct statements are:

1. Store credit cards co-branded with VISA, Mastercard, or Discover can be used anywhere that those cards are accepted.

2. Banks issue credit cards as well as debit cards.

The other statements are not true: store credit cards generally can only be used at the issuing store unless they are co-branded; a credit card is not linked to a checking account in the same way debit cards are; and credit cards and debit cards are different products.