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Level 3 · ages 13–15OECD MTSpend

Using an ATM/debit card right

🎯 Goal: Understand a debit card spends money you have (unlike a credit card that borrows); keep the PIN secret.
A debit card (ATM) spends only money you have. A credit card borrows now, pays later. Always keep the PIN secret.

Let’s explore

💳
Debit card: when the account is empty, you cannot spend — hard to fall into debt.
↔️
Different from a credit card (borrow first, can fall into debt if unpaid).
🔒
Tell no one your PIN; cover your hand when typing at an ATM.

Practice activity

🤔 What is the core difference between a debit and a credit card?
Worked example: You tap a debit card for a 300,000d shirt — money is taken from your account now. If the account has only 200,000d, you cannot buy it. A credit card lets you buy first and pay later.

Quick quiz

1. A debit card spends?
→ Money you have in the account
2. Core difference from a credit card?
→ Debit uses your money, credit borrows
3. The PIN should be?
→ Kept secret, covered when typed
4. A debit card makes debt unlikely because?
→ No money = cannot spend
5. Account has 200k, buy a 300k shirt with debit?
→ Cannot

🎯 Real-life mission

Learn how to use a debit card safely and why never to lend your card.
Open the interactive app →

‹ Banks & savings accounts · Safe digital payment — OTP & passwords ›

Rùa Vàng — Financial education for Vietnamese children · Aligned with OECD/INFE
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