Banking Terms

Banking 1

100

checking account

What is an account that allows you to deposit money and write checks

200

Balance

What is the amount in your bank account

300

direct deposit

What is earnings automatically deposited into bank accounts

400

branch

What is a bank office

500

automatic payments

What is an automatic payment systems where bills are paid through direct withdrawal from a bank account

Banking 2

100

account

What is money deposited with a bank for safe keeping

200

Statement

What is the record of everything in and out of your account

300

savings account

What is a bank account that allows you to put money away to use later. The bank pays you interest in exchange for use of the money in the account

400

Store payments can be made with

What is debit or credit cards 

500

What credit cards charge (when you don't pay on time)

Interest

Banking 3

100

fees

What is monthly fees the bank can charge you to have an account.

200

A Debit card uses

What is money from your account

300

A credit card uses

What is a money borrowed from the credit card company

400

direct deposit

What is earnings automatically deposited into bank accounts

500

transaction

What is business done with a bank, including deposits and withdrawals

Banking 4

100

balance

What is the amount of money currently in an account

200

deposit

What is the money put into a bank account.

300

ATM

What is Acronym for automated teller machine

400

interest

What is a bank employee who performs banking services for the public, such as cashing checks and accepting deposits

500

withdrawal

What is a transaction that takes money out of your account

Banking 5

100

bank

What is a place for one to keep their money safe

200

Statement

What is the record of everything in and out of your account

300

ATM

What is automatic teller machine

400

deposit

What is the money put into a bank account.

500

branch

What is bank office