Question

Which of the following is true?

A Checks and Debit Cards both withdraw money directly from a bank account.
B Checks are the most widely accepted form of payment
C Debit Cards often have a higher interest rate than Credit Cards.
D Debit cards offer the highest level of fraud protection.

Answer 1

A is true. Both a Check and Debit Cards withdraw money directly from a bank account. Debit Cards often have a higher interest rate than Credit Cards is false because credit cards often have a higher interest rate than debit card.

Answer 2

Answer;
Checks and debit cards both withdraw money directly from a bank account.

Step-by-step explanation;
Debit cards are cards that are linked to one's account to allow the withdrawal, deposits, and make everyday purchases.
Checks are written, dated and signed document that contains an order from the drawer directing the bank to pay a definite sum of money to a payee. It is also connected to one's account just like a debit note.