bwingert08 bwingert08

22-05-2024
Mathematics

Answered

What is an advantage of a debit card for the customer?
A. The customer can charge any amount of money for purchases.
B. The customer does not need to know the account balance
C. The customer does not need to carry large amounts of cash.
OD. The customer can use it as a credit card

Answer :

GinnyAnswer GinnyAnswer

22-05-2024

Final answer:

Debit cards transfer money directly from a checkable account, unlike credit cards that involve borrowing. Debit cards are linked to the cardholder's bank account for easy fund access.

Explanation:

Debit cards allow individuals to transfer money from a checkable account to a merchant without writing a check. This differs from credit cards which involve borrowing money from the card issuer. Debit cards are directly linked to the cardholder's bank account, providing easy access to available funds.

Learn more about Debit cards vs. credit cards

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