Which statement is NOT true?

Debit cards take money out of your account now, and credit cards use money that you pay back later.

Paying with a credit card is like taking out a loan, and paying with a debit card is like using cash.

Credit cards and debit cards can both be used to make purchases.

Paying with a credit or debit card will decrease the amount of money in your bank account at the time you make the purchase.

Question

Mathematics

Romeo Maxwell

27 June, 05:22

Which statement is NOT true?

Debit cards take money out of your account now, and credit cards use money that you pay back later.

Paying with a credit card is like taking out a loan, and paying with a debit card is like using cash.

Credit cards and debit cards can both be used to make purchases.

Paying with a credit or debit card will decrease the amount of money in your bank account at the time you make the purchase.

+5

Answers (1)

Know the Answer?

Judith Browning · Answer 1

The last one.

Paying with a credit or debit card will decrease the amount of money in your bank account at the time you make the purchase.

Credit cards don't affect your bank account right away, only debit cards.