You are at the checkout counter at the local supermarket and use your debit card to pay for your groceries. Where does the money for this purchase come from?

Question

Responses

It is deducted directly from your savings account
It is deducted directly from your savings account

It is provided by your checking account, but you have to pay it back.
It is provided by your checking account, but you have to pay it back.

It is deducted directly from your checking account
It is deducted directly from your checking account

Your credit card company provides you with a cash advance to cover the cost
Your credit card company provides you with a cash advance to cover the cost

Answer 1

The correct response is: It is deducted directly from your checking account. When you use a debit card, the funds are taken directly from your linked checking account to pay for your purchase.