Banking

An account you can deposit money into and then write checks or use debit card to withdraw money is known as a ____________________.

• Money Market

• Checking

• Savings

• ATM

Moving money from one account to another is called a ______________.

• Swap

• Transfer

• Glide

• Movement

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Putting money into an account is known as _______________.

• Sinking

• Placing

• Withdrawing

• Depositing

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

What is an overdraft fee? (BTW these are all real fees)

• A fee that you are charged when you use a debit card to buy something worth more than what you have in your account.

• A fee that is charged when you use an ATM that is not part of your bank's system.

• A fee that is charged when you have less money in your account that is required by the minimum balance.

• A fee that is charged when you make too many online money transfers out of your savings account in a month.

Taking money out of an account is called a...

• deposit

• loan

• interest

• withdrawal

The amount of money in your account is called the...

• balance

• final amount

• barter

• dividend

This type of card allows you to withdraw money directly out of your checking account to pay for things...

• Credit Card

• Debit Card

• Gift Card

• E-Card

What type of account holds money that a customer does not plan to spend immediately?

• Money market

• Savings

• Line of credit

• Checking

Maria paid her bill with a plastic card with a Visa logo that is tied directly to her checking account. What is she using?

• Check

• Credit card

• Debit card

• ATM card

when your employer automatically deposits your paycheck into your bank account

• DEPOSIT
• PAYROLL CHECK
• ATM
• DIRECT DEPOSIT