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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 8 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.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
2.What should you do if your debit card is lost?
  • A.Tell only your friends
  • B.Wait a month and see if it turns up
  • C.Tell your bank right away so it can stop the card
3.What is one advantage of paying with a debit card instead of cash?
  • A.Your bank keeps a record of each purchase
  • B.You never need money in your account
  • C.The store pays for you
4.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
5.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 bank forgets the bill
  • C.The store refunds your money
6.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
7.What is a check?
  • A.A card that borrows money
  • B.A coupon that makes things free
  • C.A written order telling your bank to pay someone from your account
8.Which way to pay takes money straight out of your bank account?
  • A.Cash
  • B.A credit card
  • C.A debit card

LessonPrint · D2.Eco.5.3-5 · Set 8 · free to copy for classroom use

Answer key — Cash, Check, Debit or Credit?

Set 8. Prints on its own sheet.

  1. 1.It cannot be sure the account has enough money
  2. 2.Tell your bank right away so it can stop the card
  3. 3.Your bank keeps a record of each purchase
  4. 4.Someone else could use it to spend your money
  5. 5.You are charged interest on what you still owe
  6. 6.Money sent from one account to another online or by phone
  7. 7.A written order telling your bank to pay someone from your account
  8. 8.A debit card

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