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Banking Vocabulary

Total questions: 16

Worksheet time: 32mins

Name
Class
Date
1.
A financial account a person has with the bank
a)
Bank Account
b)
Checking Account
c)
Savings Account
d)
Credit Card
2.
A bank account used to save money & make interest
a)
Savings Account
b)
Checking Account
c)
Bank Account
d)
Credit Card
3.
All of your PAST uses with credit cards, how much you owe, how many credit cards, and any money problems
a)
Credit History
b)
Withdraw
c)
Balance
d)
Statement
4.
Money from the bank added to your savings account
a)
Interest
b)
Savings
c)
Minimum Payment
d)
Debit Card
5.
The lowest amount of money you have to pay towards your credit card
a)
Minimum Payment
b)
Statement Balance
c)
Interest
d)
APR
6.
A bank account that lets you deposit & withdraw money
a)
Checking Account
b)
Bank Account
c)
Savings Account
d)
Credit Card
7.
The maximum amount of money you can borrow from the bank with your credit card
a)
Credit Limit
b)
Statement Balance
c)
Credit Score
d)
Minimum Payment
8.
Money you put into your bank account
a)
Deposit
b)
Withdraw
9.
Money you take out of your bank account
a)
Withdraw
b)
Deposit
10.
A card given by the bank. This card lets you BORROW money from the bank
a)
Credit Card
b)
Debit Card
c)
Savings Card
11.
The machine outside of banks you use to deposit or withdraw money
a)
ATM
b)
APR
c)
AGT
d)
AMT
12.
A bank card connected to your checking account
a)
Debit Card
b)
Credit Card
c)
Savings Card
13.
The most current amount of money on your credit card. This changes EVERY TIME you buy something
a)
Current Balance
b)
Statement Balance
c)
Minimum Payment
d)
APR
14.
The list of all things you have bought & any money you have paid. Says your balance, minimum payment, and payment due date
a)
Statement
b)
Credit History
c)
Credit Score
d)
Interest
15.
Interest on the money you do NOT pay back. MORE money you have to pay back.
a)
APR
b)
ATM
c)
Debit Card
d)
Current Balance
16.
The amount of money on your credit card you owe from the past MONTH
a)
Statement Balance
b)
Current Balance
c)
Minimum Payment
d)
Credit Limit