Do Now 43

What is it called when you add money to your bank account?

• bank

• bank teller

• ATM

• deposit

When you are borrowing money, you have a __________.

• checking

• savings

• loan

• debit card

A checking account is used for

• paying for goods and services.

• saving for expensive items.

• when you need to borrow money.

A debit card uses money from what account?

• checking

• savings

• loan

You need to get $25 out of your bank account. You tell the bank teller you want to make a _______ of $25.00.

• deposit.

• withdraw.

• write a check.

• take out a loan.

A check is _________.

• plastic that pays people with money from your account.

• how you get a loan.

• a piece of paper that is used to pay people with money from your account.

• how much money is your account.

A _________ lists your balance, withdraws, and deposits.

• statement.

• balance.

• withdraws.

• deposits.

A bank is where you go to get a bank account. The two main types are _______ (pick two).

• checking.

• statement.

• balance.

• savings.

account number

• to take money out of an account

• a machine that gives you access to your bank account

• a special number given to a bank account

• to put money into an account

PIN

• a secret number that lets you use a bank card in a machine

• something used to show who a person is

• a plastic card connected to an account that can be used to buy things now and pay for them later

• to take money out of an account