Advantages and disadvantages of using a bank debit card

timer Asked: Feb 28th, 2013

Question Description

1. critique the use of bank debit cards. bank debit cards are becoming a popular alternative to using checks or credit cards. investigate the advantages and disadvantages of using a bank debit card and answer the questions below.

here are some ideas to consider in your investigation:

    • convenience to account holders
    • “float” time
    • record of transactions
    • financial privacy/safety
    • card loss/theft liability
    • checkbook balancing
    • vendor acceptance
    • usage fees by banks
    • usage fees by vendors
    • ease of administration by banks
    • ease of administration by vendors

a. where did you get your information?

    • was it the most reliable resource? why or why not?
    • how could you have improved the reliability of your resource?
    • how has technology, such as online banking, affected these aspects? pros and cons?

This question has not been answered.

Create a free account to get help with this and any other question!

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors