Question

Which is an example of a credit transaction?
A. a gym membership automatically charged to a credit card on the 21st of each month
B. paying for gas at the pump with a debit card
C. writing a check for a tuition payment
D. making an ATM withdrawal

Answer 1

A. a gym membership automatically charged to a credit card on the 21st of each month.

That's a credit transaction because it charges the purchase to a credit card (borrowing), whereas the others use debit/checks or cash.