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Cash, Check, Debit or Credit? is a free printable Grade 3 to Grade 5 social studies worksheet on the advantages and disadvantages of ways to pay, aligned to C3 Framework indicator D2.Eco.5.3-5. It prints 8 questions with an answer key on its own sheet of paper, in 25 versions that each ask different questions, so no two students in the class work from the same page. Print it from the browser or download it as a PDF — no account, no email.

Set 12 of 25 · the same problems every time you open this link.

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Set 1 has all 25 in a single PDF. All 25 sets ask different questions.

Cash, Check, Debit or Credit?

D2.Eco.5.3-5

NameDate

Circle the best answer.

1.What happens if you do not pay your credit card bill in full?
  • A.You are charged interest on what you still owe
  • B.The store refunds your money
  • C.The bank forgets the bill
2.Which can help a person build a good credit history when the bills are paid on time?
  • A.Cash
  • B.A debit card
  • C.A credit card
3.Which way to pay takes money straight out of your bank account?
  • A.Cash
  • B.A debit card
  • C.A credit card
4.Which way to pay means borrowing money that you must pay back later?
  • A.Cash
  • B.A debit card
  • C.A credit card
5.What can happen if you write a check for more money than is in your account?
  • A.The bank adds free money to your account
  • B.Nothing at all happens
  • C.The check can bounce, and the bank may charge a fee
6.What is a check?
  • A.A card that borrows money
  • B.A coupon that makes things free
  • C.A written order telling your bank to pay someone from your account
7.Which way to pay works almost everywhere, even for someone with no bank account?
  • A.Cash
  • B.A debit card
  • C.A check
8.What is an electronic payment?
  • A.Coins dropped into a machine
  • B.Money sent from one account to another online or by phone
  • C.A check written in pencil

LessonPrint · D2.Eco.5.3-5 · Set 12 · free to copy for classroom use

Answer key — Cash, Check, Debit or Credit?

Set 12. Prints on its own sheet.

  1. 1.You are charged interest on what you still owe
  2. 2.A credit card
  3. 3.A debit card
  4. 4.A credit card
  5. 5.The check can bounce, and the bank may charge a fee
  6. 6.A written order telling your bank to pay someone from your account
  7. 7.Cash
  8. 8.Money sent from one account to another online or by phone

Last reviewed 2026-09-05. Aligned to D2.Eco.5.3-5 of the C3 Framework for Social Studies State Standards.