Banking Vocabulary Quiz

According to the vocabulary list, how much is a "nickel" worth?

• 1 cent

• 5 cents

• 10 cents

• 25 cents

According to the vocabulary list, what does "fifty" mean?

• 10

• 20

• 50

• 100

Which coin is worth 10 cents?

• Penny

• Nickel

• Dime

• Quarter

What is a budget?

• A plan for how you save and spend your money

• A type of bank account

• A card for borrowing money

• A local office of a bank

What does financial mean?

• Anything having to do with money

• A type of savings account

• A goal you want to achieve

• A type of loan

What is a checking account used for?

• Writing checks, taking out cash, or using a debit card

• Borrowing money from the bank

• Holding money for the future

• Paying bank fees

What is a savings account?

• A bank account to hold money for the future

• A card for borrowing money

• A plan for spending money

• A local office of a bank

What is a credit card?

• A card for borrowing money from the bank

• A bank account for writing checks

• A plan for saving money

• A local office of a bank

What is a fee?

• Money you pay the bank for services

• Money you borrow from the bank

• Money you save for the future

• Money you deposit into an account

What are email or online bank statements known as?

• Electronic statements

• Take-home pay

• Expense

• Total