Question

In what way is a debit card similar to a check

Answer 1

A debit card is similar to a check in terms of making direct payments from a bank account, requiring sufficient funds, and providing transaction records.

Step-by-step explanation:

A debit card is similar to a check in several ways. First, both a debit card and a check allow you to make payments directly from your bank account. When you use a debit card, the money is immediately deducted from your account, similar to writing a check. Second, both forms of payment require you to have sufficient funds in your bank account to complete the transaction. If you don't have enough money, the transaction will be declined. Finally, both a debit card and a check provide you with a record of your transactions, which can be helpful for budgeting and tracking expenses.

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