Which statement about debit cards and credit cards is correct?

Which statement about debit cards and credit cards is correct?

• A. Debit cards access funds from a bank account, while credit cards allow you to borrow money.
• B. Credit cards never incur fees.
• C. People under 18 cannot obtain any card.
• D. Cash cards can be used only at ATMs.

Answer: (A)

The main idea here is the difference between how each card accesses money. A debit card takes funds directly from your linked bank account when you spend, so you’re using money you already have. A credit card, by contrast, lets you borrow money from the card issuer up to a set limit, and you repay that borrowed amount later (often with interest if you don’t pay in full each month). That’s why the statement about debit cards and credit cards is correct: debit cards access funds from a bank account, while credit cards allow you to borrow money. The other options aren’t reliable: credit cards can incur fees (annual fees, late payment fees, cash advance fees, etc.), some cards are available to minors with certain permissions or through prepaid arrangements, and debit cards can be used for purchases beyond ATMs, not just cash withdrawals.