Intro Bank Account Slides KC

A bank account is a convenient and _____ place to keep your money.

• but bad

• safe

• tricky

With a bank account, you can make cash and online deposits.

• TRUE

• FALSE

With a bank account, you can make cash and online withdrawals.

• TRUE

• FALSE

A checking account is best for which of the following?

• everyday spending

• paying bills

• depositing money

A savings account is NOT an account for everyday use.

• TRUE

• FALSE

Online banking allows you to see what anytime, day or night?

• current balance

• deposits

• withdrawals

An advantage of having online banking is the ability to transfer money from one account to another.

• TRUE

• FALSE

The debit card number and the checking account number is the same number.

• TRUE

• FALSE

A 4-digit PIN

is assigned to a debit card as a

security precaution. What does PIN stand for?

(a)  

A debit card can be used in the following ways...

• get cash

• make purchases

• pay bills