Which of the following typically has the lowest fees or cost to use?

A. Debit card

B. Credit card

C. Cash advance

D. Payday Loan

Answer: A. Debit card

Among Debit card, Credit card, Cash advance and Payday Loan, a debit card typically has the lowest fees or cost to use. A debit card is a plastic payment card used instead of cash when making purchases. Unlike in a credit card, the money comes directly from the user's bank account when performing a transaction.

Credit cards, cash advance and a payday loan are the same in the sense that they extend a line of credit to their users. Users are then charged with an interest higher than the fee charged in using debit cards.