Banking and Checking Account Unit Review

Front

This is an account used to save money for the future, often earning interest.

Back

Savings Account

Front

This is when you are putting money into your account

Back

Deposit

Front

The amount of money that you have in your account

Back

Balance

Front

Sophia Smith is making a deposit. She has checks totaling $276.51 and $678.90. She also has 4-ten dollar bills, 3- five-dollar bills, 2 one-dollar bills and quarters totaling $8. Find the total deposit.

Back

$1,020.41

Front

A withdrawal is ...

Back

When you are taking money out of your account

Front

A checking account is...

Back

An account used to store money that you can withdraw anytime using a debit card, checks or ATMs

Front

Fill in the blank : ________________ is a card that allows you to take money from your checking account to pay for things

Back

Debit Card

Front

TRUE OR FALSE : A check is a paper form of payment, when money is transferred from your checking account to the recipient.

Back

TRUE

Front

TRUE OR FALSE: An ATM is a machine that allows you to withdraw money from your bank account or check your balance.

Back

TRUE

Front

FILL IN THE BLANK: _______________ is money earned from having money in your savings account

Back

Interest