This is money you put away and do not spend right now
Savings
This account is used to spend money and pay bills
Checking Account
This means using someone else’s money (like a
Bank) now and paying it back later
Credit
This is money you borrow and must pay back
Loan
This is when someone steals your money or personal information
Fraud
This is money a bank gives you for keeping your money in a savings account.
Interest
This card takes money out of your checking account when you buy something.
Debit Card
This card lets you borrow money to buy something
Credit Card
This is extra money you pay for borrowing money
Interest
This is when someone pretends to be your bank to trick you
Scam/Phishing
This is money you save for emergencies like getting sick or car problems
Emergency Fund
This happens when you spend more money than you have in your account
Overdraft
This number shows if you are good at paying back money and how your future investments and purchases might be effected
Credit Score
This is a loan people get to buy a car
Car Loan/Vehicle Loan
You should do this right away if you see money missing from your account
Call Your Bank
This is the institution (place) that keeps your money safe in an account
Bank
This is when you look at your account to see how much money you have
Money Balance
This is the day your credit card payment must be paid
Due Date
This is a loan some students get to help pay for school
Student Loans
You get one free every year to check your accounts
Credit Reports
This means adding money to your savings again and again
Deposit
What is it called when you're paying for things like food or clothes using money in your account
Purchase/Withdraw
This is a type of punishment you get on your credit card if you do not pay it off on time
Late Fee
What score is affected if you do not pay your Loan on time?
Credit Score
This type of fraud occurs when a thief uses someone else’s personal information to open credit accounts, sometimes taking months before the victim notices
Identity Theft