Understanding Checking Account Features and Costs

Which feature allows you to pay bills directly from your checking account?

• Online banking

• Overdraft protection

• Bill pay

• Direct deposit

What happens when your account balance drops below zero?

• You earn interest

• You receive a bonus

• Your account is closed

• You are charged an overdraft fee

Which fee is typically charged for using an ATM outside your bank's network?

• Minimum balance fee

• Overdraft fee

• ATM fee

• Monthly maintenance fee

What is a key factor in choosing a bank for your checking account?

• The bank's advertising

• The color of the bank's logo

• The bank's location

• The account balance and fee structure

If Donovan has $400 in his account, how much will he pay in fees at Texas State Bank?

• $0

• $4

• $15

• $10

For a $400 balance, which bank charges a lower fee?

• Lone Star Bank

• Texas State Bank

• Neither charges a fee

• Both charge the same

What is the fee at Lone Star Bank for a $400 balance?

• $8

• $4

• $0

• $10

If Donovan has $800 in his account, how much will he pay in fees at Texas State Bank?

• $10

• $8

• $4

• $0

For an $800 balance, which bank charges a lower fee?

• Neither charges a fee

• Both charge the same

• Lone Star Bank

• Texas State Bank

What is the fee at Lone Star Bank for an $800 balance?

• $0

• $4

• $8

• $10