Red
When swiping your debit card at a store where does the money come out of?
Checking Account
Jocelyn gets a text alert from the bank that her account has dropped below $50. She checks her own records, and realizes that she has not spent money in the last week. What should she do?
Contact her bank immediately to check for fraud
Which of the following transactions will REDUCE your checking account balance IMMEDIATELY?
a.Swipe your Debit Card
B. Deposit a check
C. Swipe your Credit Card
a.Swipe your Debit Card
What identity document is required to travel to different countries around the world?
Passport
What does it mean for a bank to be FDIC Insured?
Your deposits are insured up to $250,000 per person, per bank
When should you use a P2p or Person to Person payment like venmo?
A. Buy a new video game
B. Repay a friend for buying you lunch
C. Put money into a savings account
D. Pay a monthly phone bill
B. Repay a friend for buying you lunch
______________ is an automatic electronic deposit of net pay to an employee's designated bank account
What actor plays Ken in the 2023 blockbuster movie “Barbie?” Answer: Ryan Gosling
Ryan Gossling
A consumer banking technology that allows you to schedule and make payments over the internet
Online Bill Pay
If you used the 50-30-20 rule of budgeting, how much money would you be saving?
20%
A savings tool that earns interest on a deposit that's untouched for a period of time
Certificate of Deposit (CD)
M&M’S Fruit Chews would eventually become what popular candy?
Starburst
What will happen if you say NO to overdraft protection?
What will happen if you say YES to overdraft protection?
Your savings account can be linked to your checking account. If you spend more money than you have in checking, funds will be transferred from your savings account to cover the purchase. You will be charged a transfer fee for this service.
How does a low-balance mobile alert on your checking account work?
A low-balance mobile alert sends you a message when your checking account balance drops below a set amount
What occasion corresponds with the longest day of the year?
Summer Solstice
____________________ is a record from the bank that shows the money you put in, the money you spent, and the balance in your checking account over a period of time.
____________________ is a document from the bank that explains the rules, fees, and responsibilities for using your checking account
Checking Account Agreement
What is one good habit to protect your checking account?
Create complex passwords that are a long combination of letters, numbers, and symbols
Which U.S. state has the most islands?
Alaska