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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 21 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 is one advantage of paying with a debit card instead of cash?
  • A.You never need money in your account
  • B.Your bank keeps a record of each purchase
  • C.The store pays for you
2.Which way to pay means borrowing money that you must pay back later?
  • A.A credit card
  • B.A debit card
  • C.Cash
3.Which way to pay works almost everywhere, even for someone with no bank account?
  • A.A debit card
  • B.Cash
  • C.A check
4.What is one disadvantage of carrying a lot of cash?
  • A.Stores never accept cash
  • B.Cash charges interest every month
  • C.If it is lost or stolen, it is usually gone for good
5.Why might a store refuse a check from a stranger?
  • A.Checks can only be used at banks
  • B.Checks are against the law
  • C.It cannot be sure the account has enough money
6.What is an electronic payment?
  • A.A check written in pencil
  • B.Coins dropped into a machine
  • C.Money sent from one account to another online or by phone
7.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
8.Why is it risky to share your card number or PIN?
  • A.The card would stop working in stores
  • B.Someone else could use it to spend your money
  • C.It makes the card cost more

LessonPrint · D2.Eco.5.3-5 · Set 21 · free to copy for classroom use

Answer key — Cash, Check, Debit or Credit?

Set 21. Prints on its own sheet.

  1. 1.Your bank keeps a record of each purchase
  2. 2.A credit card
  3. 3.Cash
  4. 4.If it is lost or stolen, it is usually gone for good
  5. 5.It cannot be sure the account has enough money
  6. 6.Money sent from one account to another online or by phone
  7. 7.A credit card
  8. 8.Someone else could use it to spend your money

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