Checking Account
This is what you can use when you are buying something and you are not using a debit card.
What is a check?
This is how you write a number when you are not writing in number form.
What is the main reason people want to open a savings account?
What is to save money
This technology allows you to pay by tapping your card instead of inserting it
What is tap to pay?
Do you have to be 18 to have a bank account?
True/false
What is false?
when your bank covers a transaction even though your bank account is short, is called what?
What is overdraft protection?
This is where the account holder's information is located on the check.
What is the top left corner?
This is what CD stands for.
Certificates of deposit.
This is a fee charged when you don't use an ATM at your bank.
What is out of network fee?
How many dimes are in $1?
what is 10?
This total amount you currently have in your checking account is called this?
what is a balance?
When writing a check, this is the only optional line to fill.
What is the memo line?
This is the name of the money that the customer is likely to earn on their saving accounts.
This small metallic square on your card helps prevent fraud?
What is a chip?
What is the routing number on the check and why is it used?
The routing number on a check is used to identify where the account was opened. It tells banks where they can pull funds from when a customer pays with check.
What is it called when you take money out of your account?
What is a withdrawal?
You should do this after the amount in words so that no can write anything else after it.
What is make a line?
Savings accounts earn interest because banks use your money for this purpose?
What is lend it out to others?
These devices attached to ATMs secretly steal your information
What is a skimmer?
How many cents are in a quarter?
what is 25?
The money you put into your account is called what
What is a deposit?
A check that has gone through the bank's processing center and is listed on your monthly statement
What is a cleared check?
This is how much goes into savings in the 50/30/20 rule.
What is 20%?
This 4 digit numbers is required to complete transactions at an ATM
What is a PIN?
Should you share your online banking log in information?
No