Advantages and disadvantages of using a bank debit card
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?
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