Which of the following statements are true? Select all that apply. Interest is charged for credit card purchases.
Interest is charged for credit card purchases.

Some credit cards allow users to borrow cash.
Some credit cards allow users to borrow cash.

Using a credit card has no effect on the user’s credit rating.
Using a credit card has no effect on the user’s credit rating.

Debit cards allow users to withdraw cash.
Debit cards allow users to withdraw cash.

When a debit card is used, the purchase amount is immediately deducted from a linked account.