Checking account

Front

A _____ is used to add funds to a bank account

Back

deposit slip

Front

Some banks charge $20 or $25 penalty fee for checks you don't have enough money to cover.

Back

True

Front

Money taken out of your checking account.

Back

withdrawal

Front

You _________ your account when you write checks for more money than you have in the bank.

Back

overdraw

Front

A __________ is a log where you keep track of all your checking transactions.

Back

register

Front

What is a debit card?

Back

it's like a check but comes out of your account automatically; It's more convenient than a check; Your use your PIN number to make purchases.

Front

Which of the following is not something that you fill out on a check? your signature, the date, your birthdate, who the check is made payable to

Back

your birthdate

Front

Checking accounts should be used for ...

Back

everyday transactions.

Front

Cash can be withdrawn from a checking account using all of the following except a(n)...

Back

credit card.

Front

One difference between a savings account and a checking account is...

Back

checking accounts usually pay less interest, the checks, the number of withdrawals.