What is it called when you take money out of the bank?
Withdrawl
100
What is a account that allows you to write cheques?
Chequing account
100
What is the money called that you are paid from the bank for saving money with them?
Interest
100
What is an institution that offers financial services such as savings and chequing accounts, loans, credit cards and investments?
Bank
200
What is it called when you put money into the bank?
Deposit
200
What is an account that pays interest on the money you deposit?
Savings account
200
What is the interest called that is paid on the original amount you deposited in your account and the amount of interest your account earns year over year?
Compound interest
200
What is a way of planning that turns your dreams about your future into reality?
SMART goals
300
What is it called when customers must pay for a banking service?
Banking fee
300
What is a card that lets you buy things and pay for them later?
Credit Card
300
What is the interest paid only on the original amount you deposit in your bank account?
Simple Interest
300
Before purchasing something, you should decide whether or not this item is one of these two things.
Need and want
400
What is a written order to a bank to pay a certain amount of money to a specific person?
A cheque
400
What is a card that lets you transfer money electronically from your account to pay for something you want to buy?
Debit Card
400
What is the term for the ability to borrow money and pay later?