Credit cards
This week join Dan and Kate as they talk about credit cards. What are some of their advantages and disadvantages and how have they changed the ways that we handle money?
This week's question:
In what year was the first ever credit card introduced?
a) 1951
b) 1955
c) 1962
Listen out for the answer in the programme!
Listen to the programme
Vocabulary from the programme
- credit card
-
a plastic card you can use instead of money
- cash
-
money in its physical form, such as coins or notes
- convenient
-
easy or suitable
- debt
-
when you owe money to someone else
- to catch on
-
to become popular
- profit
-
the amount of money a business makes
- interest
-
a fee to pay on borrowed money
- cash machine
-
a machine where you can take out money
- ATM
-
Automated Teller Machine - another term for cash machine
- branch
-
a division of a larger organisation
- crucial
-
vital or important