Banking Vocab

Front

Withdrawal

Back

Taking money out of your checking or savings account

Front

Car Insurance

Back

Protects your car if you get into an accident

Front

Credit Card

Back

This is used to buy things, but it's not your money. You must pay it back.

Front

Due Date

Back

The day you need to pay your bill

Front

Checking Account

Back

This account is used for everyday purchases and to pay bills

Front

Mortgage

Back

Making payment for your house that you own

Front

Home Insurance

Back

Protects your home if you have a fire or a bad storm

Front

Payment

Back

Money you pay to the bills, usually once a month

Front

Late Fee

Back

If you do not pay your bill on time, you will get one of these

Front

Purchases

Back

Something that you put on your credit/debit card