Banking Basics
Most common way people use to spend their money.
What is a debit card?
The budget rule.
What is 50/30/20?
The three digit rating that tells a lender how likely you are to repay debt.
What is a Credit Score?
What is a checking and savings account?
Name of method that pays off debts with the lowest balance first.
What is the Snowball Method?
Name of machine that you use to withdraw funds when not at a physical branch location.
What is an ATM?
The platform BMO Bank uses in our digital banking to help create, track, and follow a budget.
What is Total Look?
What is payment history?
The federal agency that insures traditional banks.
What is the FDIC?
Name of method that pays off debts with the highest interest first.
What is the avalanche method?
What is BMO Secured Boost Credit Card?
Fee for BMO's Smart Advantage Checking account.
What is $0?
The percentage of likelihood of achieving your goals if you were to physically write them down.
What is 40%
The platform BMO Bank uses in our digital banking to help track your credit.
What is Credit View?