Ashley wants to use money from her checking account to make a purchase. Which payment method should she use?
Question 3 options:
Prepaid Card
Credit Card
Direct Deposit
Debit Card
Debit Card
Ashley should use her debit card to make the purchase.
To determine which payment method Ashley should use to make a purchase using money from her checking account, let's break down the options:
1. Prepaid Card: A prepaid card is a type of card that is pre-loaded with a specific amount of money. Typically, it needs to be purchased and then activated. Since Ashley wants to use money from her checking account, a prepaid card would not be the best option as it does not directly link to her checking account.
2. Credit Card: A credit card allows individuals to borrow money from the credit card issuer up to a certain credit limit. Although Ashley could use a credit card to make a purchase, it is important to note that it is not directly linked to her checking account.
3. Direct Deposit: Direct deposit is a method where an employer deposits funds directly into an employee's bank account. While direct deposit is related to money going into Ashley's checking account, it is not a payment method that she can use to make a purchase directly.
4. Debit Card: A debit card is a payment card that deducts money directly from a checking account. This means that Ashley can use her debit card to make a purchase utilizing the funds available in her checking account. Therefore, the correct payment method for Ashley to use to make a purchase using money from her checking account would be a debit card.