JA BIZTOWN: 6th Grade

A number required when a person uses a debit card; it ensures others can’t access the bank account

• ATM

• Credit Card

• PIN (Personal Identification Number)

• Debit Card

Card that allows you to spend only the amount you have pre-depositded into an account

• Debit Card

• Prepaid Card

• Credit Card

• Gift Card

A card that is purchased for a certain amount and then used like cash

• Gift Card

• Credit Card

• Debit Card

• Prepaid Card

Payment made online (or app) that allows the user to automatically debit a bank account or charge credit

• Prepaid Check

• Direct Deposit

• PIN (Personal Identification Number)

• Electronic Payment

Card use to buy food for people eligible for government benefits

• EBT (Electronic Benefits Transfer)

• Credit Card

• Debit Card

• Prepaid Card

A card that allows the holder to buy goods/services by taking out a bank loan

• Prepaid Card

• Gift Card

• Debit Card

• Credit Card

Card that allows customers to electronically and immediately withdraw funds from their accounts in cash, purchased goods or services

• Credit Card

• Debit Card

• Prepaid Card

• Gift Card

 

Condition which people cannot have everything they want because of limited resources

• Scarcity

• Limited Goods

• Survival

• Responsibility

a written record of money put into a checking account

• Check

• Deposit Ticket

• Electronic Transfer

• Direct Deposit

a tool for recording money (deposited) or (withdrawn) from an account

• Debit Card

• ATM (Automatic Teller Machine)

• Money Tracker

• Prepaid Account