ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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build a strong credit score
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repay credit card debts faster
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purchase goods without having any money
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access currency without carrying cash
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Detailed explanation-1: -A Debit Card Is Convenient To Use Thanks to debit cards, there’s no need to carry around wads of cash. They’re also secure, requiring a PIN or your zip code to verify the transactions. These benefits are especially evident when you compare them to old-fashioned paper checks, which many retailers no longer accept.
Detailed explanation-2: -Debit Cards make transactions fast, easy and convenient to use. Debit Cards have the ability to give you cash. They double up as ATM cards and allow you to withdraw money from an ATM. Therefore, working as an emergency fund for you.
Detailed explanation-3: -Transactions are automatically updated and recorded online, making it super handy to keep track of them. No bulk. Easy to carry in your wallet or purse without the extra bulk. No checks.
Detailed explanation-4: -Easy to obtain. Once you open an account most institutions will issue you a debit card upon request. Convenience. Purchases can be made using a contactless or chip-enabled terminal or by swiping the card rather than filling out a paper check. Safety. Readily accepted.