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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 4 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.The store pays for you
  • B.Your bank keeps a record of each purchase
  • C.You never need money in your account
2.What is an electronic payment?
  • A.Money sent from one account to another online or by phone
  • B.A check written in pencil
  • C.Coins dropped into a machine
3.Which way to pay works almost everywhere, even for someone with no bank account?
  • A.A check
  • B.Cash
  • C.A debit card
4.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
5.Which can help a person build a good credit history when the bills are paid on time?
  • A.A credit card
  • B.A debit card
  • C.Cash
6.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
7.What happens if you do not pay your credit card bill in full?
  • A.The store refunds your money
  • B.The bank forgets the bill
  • C.You are charged interest on what you still owe
8.Why is it risky to share your card number or PIN?
  • A.It makes the card cost more
  • B.The card would stop working in stores
  • C.Someone else could use it to spend your money

LessonPrint · D2.Eco.5.3-5 · Set 4 · free to copy for classroom use

Answer key — Cash, Check, Debit or Credit?

Set 4. Prints on its own sheet.

  1. 1.Your bank keeps a record of each purchase
  2. 2.Money sent from one account to another online or by phone
  3. 3.Cash
  4. 4.Tell your bank right away so it can stop the card
  5. 5.A credit card
  6. 6.A written order telling your bank to pay someone from your account
  7. 7.You are charged interest on what you still owe
  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.