Checking Quiz

A card that allows a consumer to make purchases without cash by borrowing money.

• Check

• Credit Card

• Debit Card

An online process that allows you to send money directly from your checking account to a friend via cell phone

• Direct Deposit

• ATM

• Person to Person Payment

The bank’s accounting of your transactions.

• Bank statement

• Loan forgiveness

• Federal Funds Rate

Automatic Teller Machine. Allows a customer to withdraw money from their account.

• ATM

• Money Machine

• Cash back

To make a deposit when there isn’t enough money in your account to pay for it.

• Debit

• Overdraw

• Credit

Money paid to you for keeping money in your account or a fee charged to you for a loan.

• Interest

• Tax

• Capital Gains

When an employer automatically deposits your paycheck into your account.

• Cash Check

• Direct Deposit

• Withdrawal

A card that allows you to make ATM transactions and payments.

• Credit Card

• Prepaid Card

• Debit Card

A payment based on trust that you will make the payment in the future.

• Credit

• Debit

• Check

A handy portfolio that holds your check register and checks.

• Checking Envelopes

• Bank Book

• Check Book