Question

question 4 of 13
what is a major benefit of using a debit card over carrying cash?
select an answer from the options below.
a offers a credit limit for spending money you do not have in your bank account
b is universally accepted
c provides security against carrying large amounts of money
d involves no transaction fees

Explanation:

• Option A: Debit cards do not offer a credit limit. Credit cards do. So this option is incorrect.
• Option B: Not all places universally accept debit cards. Some small - scale or local vendors might prefer cash. So this is not a major advantage over cash.
• Option C: Carrying a debit card is more secure than carrying large amounts of cash. If the card is lost or stolen, it can be blocked. Cash, once lost or stolen, is gone.
• Option D: Some debit card transactions (e.g., international transactions) may involve fees. So this is not always true.

Answer:

C. Provides security against carrying large amounts of money