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Debit and Credit cards

Debit and Credit cards. Year 8 Enterprise. Starter. Debit Cards. Bank name Chip - Microchip for extra security Card number When the card can be used from and to Cardholder name Sort code Account number Name of card company Security code number. I. How can you use a debit card?.

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Debit and Credit cards

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  1. Debit and Credit cards

    Year 8 Enterprise
  2. Starter
  3. Debit Cards Bank name Chip - Microchip for extra security Card number When the card can be used from and to Cardholder name Sort code Account number Name of card company Security code number I
  4. How can you use a debit card? To pay for goods in shops without using cash To buy items online - take care to make sure the website is secure! To get "cash back" In certain shops to get money out of ATMs
  5. Credit cards A Credit card company B Chip – microchip C Card number D When the card can be used start and end date E Cardholder name F Security code
  6. How can a credit card be used? To pay for goods To withdraw cash Used online purchases Though it must be paid back with interest
  7. Features of a credit Card Bank lend you money for the purchase Have a month to pay back interest free After that interest is put on top Can pay off in instalments Can take advantage of free interest periods Balance transfer available
  8. Research task Find three credit cards available Your going to look at purchases credit cards Fill out the table detailing The name of the card The interest free period How much interest is after
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