
Savings vs Checking Accounts
Flashcard
•
Specialty
•
6th Grade
•
Practice Problem
•
Hard
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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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