Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why

Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.

By signing up, I agree to StudyStack's Terms of Service and Privacy Policy.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Remove ads
Don't know
Know
remaining cards
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards




share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Financial Services 3

CFM

TermDefinition
Debit: What you'll do after swiping Enter your four-digit PIN number
Credit: What you'll do after swiping Select "credit" and sign a charge slip or terminal pad
Credit Card: What you'll do after swiping Sign a charge slip or payment terminal pad
Debit: Money comes from Your checking account instantly
Credit: Your money comes from Your checking account, within a few days
Credit Card: Your money comes from Your line of credit with the issuer (account billed monthly)
Debit: Able to get cash back with purchase? Yes
Credit: Able to get cash back with purchase? No
Credit Card: Able to get cash back with purchase? No
Debit: Returned-item refund amount issued as Cash or store credit
Credit: Returned-item refund amount issued as Credit to your bank account
Credit Card: Returned-item refund amount issued as Credit to your credit card
Debit: Cost to use Fees vary; check with your bank about any pos fees
Credit: Cost to use None
Credit Card: Cost to use Interest on unpaid balance for purchases for cash withdrawals; maybe an annual fee
Debit: Your maximum liability by law for unauthorized transactions made on your account $50 if you report within 2 business days; $100 if within 60 days
Credit: Your maximum liability by law for unauthorized transactions made on your account $50 if you report within 2 business days; $500 within 60 days
Credit Card: Your maximum liability by law for unauthorized transactions made on your account $50 if your credit card is lost or stolen; $0 if card is fraudulently obtained
Created by: Blissful_Olive