Banking Vocab Flash Cards

Front

Bank

Back

A business that keeps your money safe and lets you take it out or borrow money.

Front

Credit Score

Back

A number that shows how likely you are to pay back money you borrow.

Front

Cash

Back

Paper bills or coins used to pay for things.

Front

Check

Back

A written paper that tells the bank to pay money from your account to someone else.

Front

Minimum Balance

Back

The smallest amount of money you must keep in your account to avoid fees.

Front

Checking Account

Back

A bank account that lets you put in money, take it out, write checks, and pay bills.

Front

Balance

Back

The amount of money you have in your bank account right now.

Front

Account Statement

Back

A list of all the money going in and out of your bank account over time.

Front

Positive Interest

Back

Money the bank pays you for keeping money in your account.

Front

Negative Interest

Back

Extra money you pay when you borrow money.