Checking Accounts & Check Writing
This paper-based financial instrument is issued to its "payee" after careful designation for accounting purposes.
What is a check?
This "schedule" is more can be very costly if payments are not made in a timely manner.
What is a schedule of fees?
When setting up an online account for anything, especially regarding financial activities, who are always advised to provide a strong version of this.
What is a strong password?
When you select "credit" while using a debit card, funds will be deducted from this.
What is your checking account?
This type of "protection" is often confused with preventing the chance of overspending.
What is overdraft protection?
Cash App, Venmo, and Zelle are all examples of these types of payments.
What are person-to-person payments
This feature is a convenient method of payment that allows an account holder to access their funds faster upon payment.
What is direct deposit?
These types of accounts are offered for those who are in pursuit of their education. They often do not require monthly maintenance fees.
What are student accounts?
Recurring payments are encouraged to be paid by the use of this feature.
What is online bill pay?
This corporation insures accounts of up to $250,000.00.
What is the Federal Deposit Insurance Corporation (FDIC)?
Commission is a form of this, as it is used to encourage high sales. Much like candy works to motivate a class?
What are incentives?
This "delicious" company offers a safe alternative to debit banking by minimizing the amount of personal information being shared during transactions.
What is Apple Pay?
This is necessary for proper accounting of where your checks are issued.
What is a check register?
This discloses activity that an account has engaged in over a certain period of time.
What is a checking statement?
This type of card is useful when making online purchases due to its independence from your standard checking account.
What are prepaid cards?