Pop Quiz: Checking Account + Overdraft Fees

Pop Quiz: Checking Account + Overdraft Fees

Multiple Choice

Cruz had $672.13 in his checking account, and a check that he wrote to his landlord for $650.00 was just deposited.

This will result in which of the following fees?

• overdraft fees

• service fees

• atm fees

• None of the above

Answer: $150.28

Answer: $705

Multiple Choice

Could Cruz receive overdraft fees for his purchases today?

• Yes

• No

Multiple Choice

Cruz's mother wants a $160 Michael Kors purchase for her birthday next week. Can Cruz afford to buy it for her?

• Yes

• No

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