Checks + Checking Account Fees

True or False: Most banks don't charge fees

• True

• False

A fee charged for withdrawing cash from a teller machine is a/an . . .

• service charge

• overdraft fee

• ATM fee

• foreign transaction fee

When you spend more money than you have in your account, you might get a/an . . .

• overdraft fee

• ATM fee

• foreign transaction fee

• minimum balance fee

The fee charged for spending money in other countries or online with non-US dollars is called a/an. . .

• service fee

• ATM fee

• overdraft fee

• foreign transaction fee

If you see a __________________ on your account, you should call your bank to see what it is for.

• service fee

• foreign transaction fee

• late payment fee

• credit card fee

True or False: If you try to buy something, and don't have enough money, your card will always be declined.

• True

• False

True or False: You can get multiple overdraft fees for multiple transactions.

• True

• False

An ATM fee is usually . . .

• $35

• 2% of the cash you withdraw

• $20

• $2 - $5

An overdraft fee is usually . . .

• $35 per transaction

• 2% of the cash you withdraw

• $20 per day with a negative balance

• $2 - $5

A foreign transaction fee is usually . . .

• $35 per transaction

• 1-3 % of the purchase

• $20 per day with a negative balance

• $2 - $5