Question

after viewing the video, answer the following questions: question 5 5 pts how do pre - paid cards differ from using a standard debit card? a pre - paid card is a cash - free payment option. a pre - paid card is linked to your checking account. a pre - paid card requires you to have a co - signer. a pre - paid card often has a number of fees associated with it.

Explanation:

• Analyze Option A: Both prepaid cards and debit cards are cash - free payment options, so this is not a difference.
• Analyze Option B: A standard debit card is linked to a checking account, while a prepaid card is loaded with a pre - determined amount (not linked to a checking account), so this is incorrect for a prepaid card.
• Analyze Option C: Prepaid cards generally do not require a co - signer, so this is incorrect.
• Analyze Option D: Prepaid cards often have various fees (like activation fees, monthly fees, reload fees etc.), while standard debit cards usually have fewer or different types of fees related to the checking account, not the card itself in the same way. This is a key difference.

Answer:

D. A pre - paid card often has a number of fees associated with it.