What is a debit card?
A) a form of money
B) a means of payment
C) a form of investment
D) a means of borrowing

Question

Quizplus · Accepted Answer

A debit card is a means of payment that allows you to withdraw cash, pay for goods and services, and transfer funds electronically from your checking account. It does not involve borrowing money as with a credit card, nor does it offer any investment opportunities. While a debit card represents a form of money in the sense that it provides access to your funds, it is not considered a distinct form of currency.

What Is a Debit Card