Best Bank Accounts of 2022 Quiz

What is one of the main challenges with holding cash in bank accounts during high inflation?

• Cash remains stable in value.

• Cash loses purchasing power.

• Cash gains purchasing power.

• Cash value doubles.

Which feature is NOT offered by Chime's checking account?

• No monthly fees

• Access to physical branches

• Overdraft feature called Spot Me

• Early paycheck with direct deposit

Which bank offers a feature called 'Spot Me' for overdraft protection?

• Chime

• SoFi

• Ally

• Capital One

What is the highest APY offered by SoFi on its checking and savings account?

• 0.25%

• 2%

• 0.5%

• 1%

Which feature is unique to SoFi's banking app?

• SoFi Relay

• Mobile check deposit

• No annual fee credit card

• Access to fee-free ATMs

What is a unique feature of Ally Bank's savings account?

• Physical branch access

• Cashback on debit card

• Buckets for saving goals

• Free coffee at branches

Which bank offers a mix of a coffee shop and a bank in its branches?

• Chime

• Discover

• Capital One

• SoFi

What is the unique feature of Discover's checking account?

• Physical branches

• Investment options

• Cashback on debit card

• High APY

What is a major benefit of Charles Schwab's checking account?

• ATM fee reimbursement

• High APY

• Physical branch access

• Cashback on purchases

Which bank requires opening a brokerage account to access its checking account?

• Ally

• SoFi

• Charles Schwab

• Chime