Checking & Savings Accounts

A device that allows a customer to withdraw cash immediately from you account electronically.

• ATM
• ELM
• TPR
• ADM

A document completed when moving money into an account.

• Deposit Slip
• Check
• Payment Order
• Cashier's Check

Money taken out of your checking account.

• withdrawal
• stop payment
• endorsement
• outstanding

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

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

• debit card

• service fee

• overdraw

• deposit

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

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.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

What is a debit card?

• it's like a check but comes out of your account automaically  
• It's more convient than a check
• Your use your PIN number to make purchases 
• all of the above 

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Cash can be withdrawn from a checking account using all of the following except a(n)...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

Sherwood Bennett, who has a checking account at Big Bucks Bank, is writing a check to Cassie Porter, who has a checking account at Lots a Loot Bank.
What should be written on the "Pay to the order of" line of the check?

• Big Bucks Bank
• Cassie Porter
• Lots a Loot Bank
• Sherwood Bennett

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

CCSS.RI.8.5

If you want to deposit a check in your account and not cash it, you should write _____ on the back to make sure no one else can cash it.

• Your signature
• For Deposit Only

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

CCSS.RI.8.5