Fees
Checking
Other Accounts
VOCAB
Random
100

Do you get fees when you use the ATM?

Sometimes depends on if the ATM is outside the banks range

100

True or False: Money in a checking account earns interest?

False

100
What is bank account interest?

Money the bank pays you for holding your deposit.

100
What is it called when you add money to your checking or savings account?
A deposit
100

What do you do before asking the teacher?

Ask 3 before me

200

What fee do you get when you take more money out of the bank then you have?

Overdraft fees

200

True of False: In a savings account, you have a limited amount of withdrawals each month?

True

200

What is compound interest

Interest on the balance added to previously earned interest.

200

What is it called when you spend money from your account. Also know as any time you have a interaction with the bank?

Transaction

200

What is the name of a SpongeBob's pet Snail?

Garry

300

Does every bank have a service fee?

Not all banks charge a monthly maintence fee

300

When you try to cash a check at a bank your not a member of, you will _________

Be charged a fee or be unable to cash a check.

300

What is a guardian account?

An account the a parent or guardian owns until the child turns 18.

300

What is it called when you take money out of your account?

A withdrawal

300

What do you grab before going to the bathroom?

Protractor

400

how do you avoid ban fees?

Sign up for direct deposit

400

A signature, stamp, or other mark, made on a check to confirm the transfer of the check from one account to another?

An endorsement
400
What type of account locks your money in for a set amount of time for interest. 

A CD

400

The amount of money in your account?

Your balance

400
Who is the main character in SpongeBob?

SpongeBob

500

How much is a bank fee?

4-20 dollar depends on the bank

500

True or False: On a check, you should draw a line through the remaining space to avoid alteration of the check?

True

500
What is the average interest rate on saving accounts?
.06%
500

What is it called when you own the bank money?

Debt

500

4+4=

8

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