Checking vs. Savings Accounts

This account allows you to deposit money at a bank for safekeeping.

• Saving Account
• Checking Account
• Bill Account
• Casino Account

This account allows you to withdraw money, pay a bill, or make purchases easily.

• Checking Account
• Savings Account
• Market Money Account
• CD Account

Tags

CCSS.L.1.1J

CCSS.L.2.1F

CCSS.L.8.1C

CCSS.L.K.1D

This is the cost of using some other person's or bank's money.

• Interest
• Bill
• Principal
• Credit

Tags

CCSS.5.NF.B.5B

The action enters money into an account.

• Deposit
• Withdrawal
• Loan
• Deduction

Tags

CCSS.L.1.1E

CCSS.L.3.1A

CCSS.L.K.1B

This action removes money from an account, either at the bank or an ATM.

• Withdrawal
• Deposit
• Loan
• Credit

Tags

CCSS.L.3.1G

This transaction removes funds from your account.

• Debit
• Credit
• Loan
• Deposit

Tags

CCSS.L.1.1B

CCSS.L.2.2C

CCSS.L.3.2D

This action includes deposits or additions to your accounts.

• Credit
• Debit
• Loan
• Withdrawal

Tags

CCSS.7.NS.A.1A

This action allows movement of funds from one account to another.

• Transfer
• Debit
• Credit
• Loan

Tags

CCSS.6.NS.C.5

Orrin had $541.06 in his checking account, and a check that he wrote to his landlord for $560.00 was just deposited.
This will result in which of the following fees?

• overdraft fees
• service fees
• atm fees
• over spending fee

Tags

CCSS.7.NS.A.1C

This is the cost of using some other person's or bank's money.

• Interest
• Bill
• Principal
• Credit

Tags

CCSS.7.RP.A.3