Savings vs Checking Accounts

Savings vs Checking Accounts

Assessment

Flashcard

Specialty

6th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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14 questions

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1.

FLASHCARD QUESTION

Front

Which type of bank account does this statement describe: FDIC insured? Options: Savings account, Checking account, Both accounts

Back

Both accounts

2.

FLASHCARD QUESTION

Front

Which type of bank account does this statement describe: 6 withdrawals or transfers per month.

Back

Savings account

3.

FLASHCARD QUESTION

Front

Which type of bank account does this statement describe: Your money can earn the most in interest in this account.

Back

Savings account

4.

FLASHCARD QUESTION

Front

Which type of bank account does this statement describe: Might be charged a fee for using another bank's ATM.

Back

Checking account

5.

FLASHCARD QUESTION

Front

Which type of bank account does this statement describe: Can order checks that you can use to take money out of the account.

Back

Checking account

6.

FLASHCARD QUESTION

Front

Which type of bank account does this statement describe: Good for building an emergency fund.

Back

Savings account

7.

FLASHCARD QUESTION

Front

Which type of bank account does this statement describe: Limited access so you don't spend all the money in the account.

Back

Savings account

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