Checking and Savings Accounts

An account used for saving money

• Checking

• Savings

• Rainy Day Fund

An account where money flows in and out regularly. You can write checks from it and use your bank card or debit card with it.

• Checking

• Savings

• Money Jar

An official physical piece of paper used for spending money out of your checking account.

• Answer Sheet

• Balance Book

• Check

When you put money into an account

• Withdraw

• Deposit

• Balance

A person who works behind the counter at the bank to help with things like withdraws and deposits

• Teller

• Bank Person

• Crossing Guard

The difference between all of the credits and debits on an account. It shows how much money you currently have.

• Credit

• Debit

• Balance

When you sign the back of a check so you can take it to the bank and get the money for it.

• Autograph

• Endorse

• Signature

When you go to the bank and take money out of an account

• Deposit

• Account

• Withdraw

When you have written checks or spent money on your debit card for more money than there is in your account.

• Withdraw

• Debit

• Overdrawn

When you overdraw your account, there is often an _____________ that charges you even more money.

• overdraft fee

• bank teller

• punishment fee