Debit Cards Can Be Expensive to Use Because

question 6

Multiple Choice

Debit cards can be expensive to use because:

• A)they can cause you to overdraft your checking account and consequently incur an overdraft fee.
• B)the finance charge on debit cards is higher than on credit cards.
• C)the annual fee for these cards is higher than for credit cards.
• D)merchants charge a fee when you use them.

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Definitions:

Information Remembrance

The process of retaining and recalling information over time, an aspect of memory function essential for learning and decision-making.

Self Level

Refers to an individual's awareness, confidence, and personal development within their own capabilities and situation.

Welfare of the Group

The overall health, prosperity, and happiness of a collective group of individuals.

Human Psyche

The totality of the human mind, including conscious and unconscious mental processes and emotions.