Question of the Day: Where do consumers use their debit cards most? a) Fast-food dining b) Gas station c) Supermarket

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May 08, 2018
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Question of the Day, Debit Cards, Payment Types

Answer: Supermarket, with almost 50% of consumers choosing to use their debit card. 

From Visual Capitalist: 

Questions: 

  • Why do you think people choose debit over credit when it comes to shopping at supermarkets?
  • How do you decide whether to use cash or your debit card when buying something? 
  •  Why do you think credit cards are most popular at department stores? 

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

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Want to keep the conversation going about payment types? Check out this NGPF Project: Payment Decisions

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.