According to the TCF Bank Checking Account Summary, what is the stop payment fee per item for up to 6 months?

$35 per item to stop payment for up to 6 months.

Which option will TCF use if you decline any kind of overdraft service?

TCF will decline your ATM or debit card transactions that exceed your available account balance at the time you use your card

TCF will pay your overdrafts and charge a fee

TCF will transfer funds from a linked savings account

TCF will charge an overdraft fee for each item

What is the fee for an automated overdraft protection transfer from a linked TCF savings account?

$10 per automated overdraft protection transfer from a linked TCF savings account

What is the Annual Percentage Rate (APR) on outstanding account balances for an overdraft transfer from a line of credit?

18% Annual Percentage Rate on outstanding account balances (subject to credit approval)

How much is the overdraft fee for each item paid that exceeds your available account balance?

$37 for each item paid that exceeds your available account balance

According to TCF's processing policies, which type of transaction is processed first?

Deposits made before the cutoff time

Checks in lowest-to-highest order

What is the deposit hold policy for a check deposit at an ATM?

Check deposit at ATM: 1 Business Day

Which of the following is TRUE about a TCF Free Student Checking Account?

The minimum deposit to open the account is $25.

The monthly maintenance fee is $15 per month.

The account earns interest, which makes this a good savings account too.

There is a $3 withdrawal fee for using an ATM in the TCF ATM Network.

You choose Option A for Overdraft Options. What would happen if you had $$30 in your checking account and you tried to take out $$ 45 at the grocery store using your debit card?

Your transaction would be denied, you’d have to return the groceries, and you would be charged an overdraft fee

Your transaction would be denied, you’d have to return the groceries, and you would NOT be charged an overdraft fee

Your transaction would be processed so you can purchase the groceries, but you would NOT be charged an overdraft fee

Your transaction would be processed, but you’d have to return the groceries, and you would be charged an overdraft fee.

You choose Option B for Overdraft Options. Assume that you have $$30 in your checking account and $$ 50 in your savings account. What would happen if you tried to take out $45 at the grocery store using your debit card?

The transaction would be processed by transferring funds from savings to checking to cover the purchase, assuming overdraft protection is set up.

The transaction would be declined due to insufficient funds.

You would incur an overdraft fee for the transaction.

You would need to transfer money from savings to checking manually.

You choose Option D for Overdraft Options. What would happen if you had $$10 in your checking account and completed the following debit card transactions on the same day: $$ 45 for groceries $$20 for movie tickets $$ 15 for popcorn and soda

You would be able to purchase everything, and you would be charged three overdraft fees totaling $111.

You would be able to purchase the groceries, but would not be able to buy the movie tickets and popcorn and soda.

You would be able to purchase everything, and you would be charged one overdraft fee of $37.

You would be able to purchase everything, and you would owe the bank $$70 and be charged three overdraft fees totaling $$ 111.

You have the following transactions post to your account on the same day: your paycheck deposit, a check you wrote for your rent, and a debit transaction for groceries. Which would be processed FIRST?

The debit transaction for groceries

It depends which day of the week it is

Which of the following should you pay attention to when opening a checking account?

Fees, minimum balance requirements, and account features

Interest rates and loan options

TCF Bank Checking Account Summary Questions

Authored by Kent Williams

Business

11th Grade

TCF Bank Checking Account Summary Questions

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MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the TCF Bank Checking Account Summary, what is the minimum deposit needed to open a Basic Account?

$10

$25

$50

$100

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the TCF Bank Checking Account Summary, what is the monthly maintenance fee for a Premium Account?

$9.95

$15

$25

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the TCF Bank Checking Account Summary, what is the minimum combined account balance required to waive the monthly maintenance fee for a Special Account?

$5,000

$10,000

$15,000

$20,000

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the TCF Bank Checking Account Summary, are Basic Accounts interest bearing?

Yes

FILL IN THE BLANK QUESTION

30 sec • 1 pt

According to the TCF Bank Checking Account Summary, what is the ATM fee for using an ATM outside of TCF’s ATM network in the U.S.?

FILL IN THE BLANK QUESTION

30 sec • 1 pt

According to the TCF Bank Checking Account Summary, what is the Non-Sufficient Funds (NSF) Fee?

FILL IN THE BLANK QUESTION

30 sec • 1 pt

According to the TCF Bank Checking Account Summary, what is the fee for a deposited item returned?

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TCF Bank Checking Account Summary Questions

According to the TCF Bank Checking Account Summary, what is the minimum deposit needed to open a Basic Account?

According to the TCF Bank Checking Account Summary, what is the monthly maintenance fee for a Premium Account?

According to the TCF Bank Checking Account Summary, what is the minimum combined account balance required to waive the monthly maintenance fee for a Special Account?

According to the TCF Bank Checking Account Summary, are Basic Accounts interest bearing?

According to the TCF Bank Checking Account Summary, what is the ATM fee for using an ATM outside of TCF’s ATM network in the U.S.?

According to the TCF Bank Checking Account Summary, what is the Non-Sufficient Funds (NSF) Fee?

According to the TCF Bank Checking Account Summary, what is the fee for a deposited item returned?

According to the TCF Bank Checking Account Summary, what is the stop payment fee per item for up to 6 months?

According to the TCF Bank Checking Account Summary, what is the account closing fee?

According to the TCF Bank Checking Account Summary, what is the fee for online statements?

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