Question

Freya wants to use her debit card to purchase a $135 tablet computer. What must Freya consider before using her debit card? Check all that apply. She must be sure there is at least $135 in her bank account for the purchase. She must check the interest rate on the debit card. She must check to see if any automatic payments are scheduled for her account. She must check her credit history. She must make sure she will be able to make the monthly payments.

Answer 1

Freya wants to use her debit card to purchase a $135 tablet computer. What must Freya consider before using her debit card? Check all that apply. She must be sure there is at least $135 in her bank account for the purchase. Out of the choices given, this is the only one that truly applies when using a debit card to make a purchase. Since a debit card is being used, there is no interest rate on the purchase. Although making sure automatic payments are scheduled and enough funds are present is a must, it wouldn't happen until after the first step of having the money is there. Since Freya is not financing the laptop, her credit history is not important nor is making monthly payments with a debit card.

Answer 2

She must me sure that she has at least $135 in her bank check and automatic payments. She shouldn't check the interest rate because debit cards don't carry a balance and there is no monthly payments.