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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 24 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 can help a person build a good credit history when the bills are paid on time?
  • A.Cash
  • B.A credit card
  • C.A debit card
2.Which way to pay takes money straight out of your bank account?
  • A.Cash
  • B.A credit card
  • C.A debit card
3.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
4.What happens if you do not pay your credit card bill in full?
  • A.The store refunds your money
  • B.You are charged interest on what you still owe
  • C.The bank forgets the bill
5.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
6.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
7.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
8.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

LessonPrint · D2.Eco.5.3-5 · Set 24 · free to copy for classroom use

Answer key — Cash, Check, Debit or Credit?

Set 24. Prints on its own sheet.

  1. 1.A credit card
  2. 2.A debit card
  3. 3.Money sent from one account to another online or by phone
  4. 4.You are charged interest on what you still owe
  5. 5.A written order telling your bank to pay someone from your account
  6. 6.If it is lost or stolen, it is usually gone for good
  7. 7.Your bank keeps a record of each purchase
  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.