Skip to content
LessonPrint

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

Next set

One paper per student

12345678910111213141516171819202122232425

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.What is an electronic payment?
  • A.A check written in pencil
  • B.Money sent from one account to another online or by phone
  • C.Coins dropped into a machine
3.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
4.What is a check?
  • A.A card that borrows money
  • B.A written order telling your bank to pay someone from your account
  • C.A coupon that makes things free
5.What can happen if you write a check for more money than is in your account?
  • A.Nothing at all happens
  • B.The bank adds free money to your account
  • C.The check can bounce, and the bank may charge a fee
6.What is one disadvantage of carrying a lot of cash?
  • A.Cash charges interest every month
  • B.If it is lost or stolen, it is usually gone for good
  • C.Stores never accept cash
7.Which way to pay means borrowing money that you must pay back later?
  • A.Cash
  • B.A credit card
  • C.A debit card
8.Why might a store refuse a check from a stranger?
  • A.Checks are against the law
  • B.Checks can only be used at banks
  • C.It cannot be sure the account has enough money

LessonPrint · D2.Eco.5.3-5 · Set 2 · free to copy for classroom use

Answer key — Cash, Check, Debit or Credit?

Set 2. Prints on its own sheet.

  1. 1.You are charged interest on what you still owe
  2. 2.Money sent from one account to another online or by phone
  3. 3.Tell your bank right away so it can stop the card
  4. 4.A written order telling your bank to pay someone from your account
  5. 5.The check can bounce, and the bank may charge a fee
  6. 6.If it is lost or stolen, it is usually gone for good
  7. 7.A credit card
  8. 8.It cannot be sure the account has enough money

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