Bash script Arrow Keys produces weird characters

Question

Consider the following minimised Bash Script:

echo Enter your name:
read NAME
echo $NAME

Now if I run the script and enter a name and want

Answer 1

Thanks to Andreas and some due dilligence with a search engine, I was able to rewrite my script:

echo Enter your name:
read -e NAME
echo $NAME

Now navigating through the input with arrow keys, works like a expected.

Here you can learn more about the read builtin command.