Comparison Chart
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1CITIZEN GUIDE
Page 21
Comparison Chart
__________________________________________
Name
Think about the various types of payments you have discussed in class. Compare and
contrast them by thinking about the criteria, or reason, for each payment method. Write
“yes” or “no” or “usually” in each box, based on whether the payment type meets the criteria.
Alternatives
Advantages
Disadvantages
Methods of
Easy to
Safe to
Accepted
Convenient
Can be
F ees
Interest
Hard to
use
use
everywhere
replaced if
charged
charges on
track
payment:
lost
for use
purchases
spending
Cash
Checks
Debit card
Credit card
Gift card
Prepaid card
List any additional advantages or disadvantages of each payment type that you can
think of.
Advantages
Disadvantages
Cash
___________________________
__________________________
___________________________
__________________________
Checks
Debit card
___________________________
__________________________
Credit card
___________________________
__________________________
Gift card
___________________________
__________________________
___________________________
__________________________
Prepaid card
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Parent category: Business