Banking Flashcard

Front

A safe place to keep your money.

Back

bank

Front

A bank account for easy access to money, that allows you to spend money out of it. This account is linked to your debit card.

Back

checking account

Front

To put money IN your account.

Back

Deposit

Front

A bank account used to store extra money or save money for big purchases.

Back

savings account

Front

When you MOVE money from one account into a different account.

Back

transfer

Front

To take money OUT of your account.

Back

withdrawal

Front

A 4 digit number that is used to protect your debit card so other people can't use it.

Back

PIN

Front

Means how much money you have right now in your bank account.

Back

Available Balance

Front

A special machine that allows you to do banking.

Back

ATM

Front

A charge that happens when you don't have enough money in your account.

Back

overdraft fee