Which of the following is true about debit cards?(1 point)
Responses
You can run up huge debts if you don’t pay the balance off quickly.
You can run up huge debts if you don’t pay the balance off quickly.
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.
All of the following statements are true about debit cards:
- When you use one, the money is taken directly from your bank account.
- They are usually charged a lower interest rate than credit cards.
- They are issued by networks such as Visa.