Checking Account & Balancing a Check Register

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What is an overdraft fee?

Back

A fee charged when your account balance falls below $0.

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What is the new balance if Kayla had $106.15 and deposited $75.00?

Back

$181.15.

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CCSS.5.NBT.B.7

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Which of the following is not a feature of a checking account?

Back

Lottery ticket.

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How much will you pay in monthly fees if you typically have $325 in your account?

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$3.25.

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CCSS.6.RP.A.3B

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What is money added to a checking account called?

Back

Deposit.

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CCSS.7.NS.A.1D

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What is a checking account?

Back

A bank account that allows for deposits and withdrawals, typically used for daily transactions.

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What is a deposit?

Back

Money added to a bank account.

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CCSS.RI.5.3

CCSS.RI.5.5

CCSS.RI.6.3

CCSS.RI.6.5

CCSS.RI.7.5

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What is a withdrawal?

Back

Money taken out of a bank account.

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CCSS.RI.5.5

CCSS.RI.6.3

CCSS.RI.6.5

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CCSS.RI.7.5

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What is a debit card?

Back

A card that allows you to access funds in your checking account to make purchases.

Front

What is direct deposit?

Back

An electronic transfer of money into a bank account, often used for payroll.