Checking & Saving Accounts

Checking & Saving Accounts

Assessment

Flashcard

Education, Business

9th - 12th Grade

Hard

Created by

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20 questions

Show all answers

1.

FLASHCARD QUESTION

Front

This account allows you to deposit money at a bank for safekeeping.

Back

Saving Account

2.

FLASHCARD QUESTION

Front

This is the cost of using some other person's or bank's money.

Back

Interest

3.

FLASHCARD QUESTION

Front

This account allows you to withdraw money, pay a bill, or make purchases easily.

Back

Checking Account

4.

FLASHCARD QUESTION

Front

This is a written request to your bank to take money from your account & pay it to someone else.

Back

Check

5.

FLASHCARD QUESTION

Front

This allows you to withdraw cash from your account or make payments electronically.

Back

Debit Card

6.

FLASHCARD QUESTION

Front

The action enters money into an account.

Back

Deposit

7.

FLASHCARD QUESTION

Front

This action removes money from an account, either at the bank or an ATM.

Back

Withdrawal

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