Checking account

A _____ is used to add funds to a bank account

• deposit slip
• signature card
• check
• check register

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Some banks charge $20 or $25 penalty fee for checks you don't have enough money to cover.

• True
• False

Tags

CCSS.6.NS.C.5

Money taken out of your checking account.

• withdrawal
• stop payment
• endorsement
• outstanding

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

You _________ your account when you write checks for more money than you have in the bank.

• debit card

• service fee

• overdraw

• deposit

A __________ is a log where you keep track of all your checking transactions.

• statement
• register

Tags

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.3

CCSS.RI.5.5

What is a debit card?

• it's like a check but comes out of your account automatically

• It's more convient than a check

• Your use your PIN number to make purchases

• all of the above

Which of the following is not something that you fill out on a check?

• your signature 
• the date
• your birthdate 
• who the check is made payable to 

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

Checking accounts should be used for ...

• everyday transactions.
• emergency funds.
• short-term goals.
• long-term goals.

Cash can be withdrawn from a checking account using all of the following except a(n)...

• debit card. 
• check. 
• ATM.
• credit card.

Tags

CCSS.2.MD.B.6

One difference between a savings account and a checking account is...

• checking accounts usually pay less interest.
• the checks.
• the number of withdrawals.
• All of the Above