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 22 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 a check?
  • A.A coupon that makes things free
  • B.A card that borrows money
  • C.A written order telling your bank to pay someone from your account
3.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
4.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
5.Why is it risky to share your card number or PIN?
  • A.Someone else could use it to spend your money
  • B.The card would stop working in stores
  • C.It makes the card cost more
6.Which way to pay works almost everywhere, even for someone with no bank account?
  • A.Cash
  • B.A check
  • C.A debit card
7.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
8.What should you do if your debit card is lost?
  • A.Tell your bank right away so it can stop the card
  • B.Tell only your friends
  • C.Wait a month and see if it turns up

LessonPrint · D2.Eco.5.3-5 · Set 22 · free to copy for classroom use

Answer key — Cash, Check, Debit or Credit?

Set 22. Prints on its own sheet.

  1. 1.You are charged interest on what you still owe
  2. 2.A written order telling your bank to pay someone from your account
  3. 3.If it is lost or stolen, it is usually gone for good
  4. 4.A credit card
  5. 5.Someone else could use it to spend your money
  6. 6.Cash
  7. 7.Money sent from one account to another online or by phone
  8. 8.Tell your bank right away so it can stop the card

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