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 7 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.Which way to pay takes money straight out of your bank account?
  • A.A credit card
  • B.A debit card
  • C.Cash
2.What can happen if you write a check for more money than is in your account?
  • A.The bank adds free money to your account
  • B.Nothing at all happens
  • C.The check can bounce, and the bank may charge a fee
3.What happens if you do not pay your credit card bill in full?
  • A.The bank forgets the bill
  • B.The store refunds your money
  • C.You are charged interest on what you still owe
4.What is an electronic payment?
  • A.Coins dropped into a machine
  • B.A check written in pencil
  • C.Money sent from one account to another online or by phone
5.Which way to pay works almost everywhere, even for someone with no bank account?
  • A.A debit card
  • B.A check
  • C.Cash
6.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
7.What is one advantage of paying with a debit card instead of cash?
  • A.You never need money in your account
  • B.The store pays for you
  • C.Your bank keeps a record of each purchase
8.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

LessonPrint · D2.Eco.5.3-5 · Set 7 · free to copy for classroom use

Answer key — Cash, Check, Debit or Credit?

Set 7. Prints on its own sheet.

  1. 1.A debit card
  2. 2.The check can bounce, and the bank may charge a fee
  3. 3.You are charged interest on what you still owe
  4. 4.Money sent from one account to another online or by phone
  5. 5.Cash
  6. 6.It cannot be sure the account has enough money
  7. 7.Your bank keeps a record of each purchase
  8. 8.A credit card

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