Question

Which of the following is true about debit cards?(1 point)
Responses

They usually charge a lower interest rate than credit cards.
They usually charge a lower interest rate than credit cards.

When you use one, the money is taken directly from your bank account.
When you use one, the money is taken directly from your bank account.

They are issued by networks such as Visa.
They are issued by networks such as Visa.

You can run up huge debts if you don’t pay the balance off quickly.

Answer 1

Correct answers:
- When you use one, the money is taken directly from your bank account.
- They are issued by networks such as Visa.

(They typically don’t carry interest rates like credit cards, and you generally can’t run up large debts with a debit card—except if you overdraft.)