When comparing debit cards to credit cards, which statement is TRUE?
A) Both debit cards and credit cards can improve a credit score.
B) Debit cards make it easier to fall into debt than credit cards.
C) Debit cards are more secure than credit cards for online purchases.
D) Debit cards make tracking day-to-day spending easier than credit cards.

Question

17-04-2022
Mathematics

contestada

When comparing debit cards to credit cards, which statement is TRUE?
A) Both debit cards and credit cards can improve a credit score.
B) Debit cards make it easier to fall into debt than credit cards.
C) Debit cards are more secure than credit cards for online purchases.
D) Debit cards make tracking day-to-day spending easier than credit cards.

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anthougo anthougo · Answer 1 · 2022-04-20T12:48:20+02:00

The TRUE statement that compares debit cards to credit cards is D) Debit cards make tracking day-to-day spending easier than credit cards.

What are debit and credit cards?

Debit cards are payment cards linked to the holder's bank account. Payment transactions are automatically deducted from the account.

Debit cards depend on the holder's bank balance to make payments, unlike credit cards that give access to borrowing money for purchases so that repayment may be made later.

Thus, the main difference between debit cards and credit cards is that debit cards make the holder accountable for their spending while credit cards give access to credit borrowing.

Learn more about debit and credit cards at https://brainly.com/question/4515861