Let's Talk About Money

An account that you can write checks and use a debit card with

• Savings account

• Joint account

• Checking account

Money that you put in the bank and do not spend except for emergencies

• Savings acount

• Joint account

• Checking account

The smallest amount of money needed to open an account

• Teller

• Interest

• Fees

• Minimum deposit

A _____ is used to add funds to a bank account

• deposit slip
• signature card
• check
• check register

Which of the following refers to checks that have been written but not cashed?

• cancelled check
• demand deposits
• outstanding checks
• bank statements

Money taken out of your checking account.

• withdrawal
• stop payment
• endorsement
• outstanding

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

• debit card
• service fee
• overdraw
• deposit

What is a debit card?

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

Another phrase for over-drafting a checking account is

• bouncing a check
• going bankrupt
• floating a check
• clearing the bank

When writing a check, always use a 

• pencil
• pen
• computer
• notebook