Debit vs. Credit Activity In this activity you are going to create a list of pros and cons for each type of card. Use your notes from 2.1 and 2.2, and the information from the video to create your lists. You can add more lines to each table if you need to. You will need to give a brief explanation of why it is a pro or con. Debit Cards Pros Example: No Interest on Purchases Explain This is a pro because interest makes purchases cost more. So not having interest makes the purchases cheaper. Cons Example: Security Explain If your debit card is stolen, the person has access to your money because the debit card is connected to your account. The money stolen might be more difficult to get back and you might be responsible for part of it. Credit Cards Pros Example: Security Explain This is a pro because if your card is stolen, then the money taken is usually not your responsibility to pay back as long as you can show it was not your purchases. Cons Example: Overspending Explain This is a con for credit cards because if you don't watch your spending you could end up with a lot of money in debt, which is common for credit card holders