Banking Terms
Know Your Checks
Oh No
Card's Away
You Name it
100
When a check clears your bank and the money is deducted from your checking account.
What is a Cancelled Check
100
When making a deposit from a check you must sign the check you receive. This is called
What is an Endorsement
100
Something you pay when you borrow money
What is Interest
100
A card used that deducts money immediately from your checking account
What is Debit Card
100
This bank uses a wagon train in its trademark
What is Wells Fargo
200
Oops you wrote a check for more than you have in your account
What is a Bounced Check
200
It is a bank account from which payments can be ordered by a depositor
What is a Checking Account
200
When a bank charges you money for wiring money, not keeping at least the minimum amount in your checking account
What is Service Charge
200
A card where you borrow money from the bank or provider and pay back at a later date, normally monthly
What is Credit Card
200
This Bank was named after a well known industrialist.
What is Chase (JP Morgan Chase)
300
Assets minus Liabilities
What is Net Worth
300
When you Endorse the Check, Write Deposit Only and Write the Account Number on the back of the check this is known as
What is a Restrictive Endorsement
300
When you don't have enough money in your checking account
What is Insufficient Funds
300
A card that you may receive from someone as a present
What is Gift Card
300
Largest Bank in the US
What is JP Morgan Chase
400
High Interest Rate Loans Not offered by Banks
What is Pay Day Loans
400
How many days do you have to notify a bank if you find an error in a bank statement:
What is 60 Days
400
When you take money out of your Checking Account
What is Withdrawal
400
Name a National Branded Credit Card
What is Discover, American Express, Visa, Mastercard
400
Largest Bank in the World
What is Industrial and Commercial Bank of China (3.6 Trillion)
500
What you need to do to put money in your account
What is Deposit, Deposit Slip, or Mobile Deposit
500
Keeping accurate records of the amount of money in your bank account is important. How can you maintain accurate records…
What is balancing your checkbook or reconciling your account each month.
500
A term when someone claims to be you and steals from you.
What is Identity Theft
500
When you don't pay your credit card bill on or before the due date...This happens
What is LATE FEE
500
Monthly Savings divided by Monthly Gross Income
What is Savings Ratio