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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 16 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.Which way to pay takes money straight out of your bank account?
  • A.Cash
  • B.A credit card
  • C.A debit card
2.Which way to pay means borrowing money that you must pay back later?
  • A.A debit card
  • B.Cash
  • C.A credit card
3.Which can help a person build a good credit history when the bills are paid on time?
  • A.A debit card
  • B.A credit card
  • C.Cash
4.What should you do if your debit card is lost?
  • A.Wait a month and see if it turns up
  • B.Tell your bank right away so it can stop the card
  • C.Tell only your friends
5.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 bank forgets the bill
  • C.The store refunds your money
6.Which way to pay works almost everywhere, even for someone with no bank account?
  • A.A debit card
  • B.Cash
  • C.A check
7.What is one disadvantage of carrying a lot of cash?
  • A.Cash charges interest every month
  • B.Stores never accept cash
  • C.If it is lost or stolen, it is usually gone for good
8.What is an electronic payment?
  • A.Coins dropped into a machine
  • B.A check written in pencil
  • C.Money sent from one account to another online or by phone

LessonPrint · D2.Eco.5.3-5 · Set 16 · free to copy for classroom use

Answer key — Cash, Check, Debit or Credit?

Set 16. Prints on its own sheet.

  1. 1.A debit card
  2. 2.A credit card
  3. 3.A credit card
  4. 4.Tell your bank right away so it can stop the card
  5. 5.You are charged interest on what you still owe
  6. 6.Cash
  7. 7.If it is lost or stolen, it is usually gone for good
  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.