Question

question 5 of 10
what is the difference between a debit card and a cash card?

a. a cash card can only be used in certain stores.

b. a debit card is less secure than a cash card.

c. a debit card carries no spending limits.

d. a cash card is not tied to a bank account.

Explanation:

• Option A: Cash cards (like prepaid cards) can often be used where debit cards are accepted, not just certain stores.
• Option B: Debit cards have security features (e.g., PIN, fraud protection) and are generally as secure as cash cards, or more so.
• Option C: Debit cards are tied to bank accounts and have limits (e.g., daily withdrawal limits).
• Option D: A cash card (prepaid) is loaded with funds and not linked to a bank account, while a debit card is linked to a checking/savings account. This correctly identifies a key difference.

Answer:

D. A cash card is not tied to a bank account.