Overdraft protection...
Banking

Flashcard
•
Other
•
9th - 12th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

14 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
Allows you to withdraw more money than you have in your account
2.
FLASHCARD QUESTION
Front
Which of the following is TRUE about banks and credit unions? Banks are for-profit institutions, while credit unions are non-profit, Banks offer higher interest rates on savings accounts than credit unions, Credit unions are insured by the FDIC, while banks are not, Banks are owned by their customers, while credit unions are owned by shareholders
Back
Banks are for-profit institutions, while credit unions are non-profit
3.
FLASHCARD QUESTION
Front
Which of the following is NOT a common way most people are using P2P, such as Venmo?
Splitting bills with friends,
Paying rent or utilities,
Sending money to family members,
Investing in stocks
Back
Investing in stocks
4.
FLASHCARD QUESTION
Front
What feature is the LEAST important for a college student to look for in a checking account? Options: Low or no monthly fees, Convenient ATM access, Online and mobile banking
Back
High interest rates
5.
FLASHCARD QUESTION
Front
What is a typical overdraft fee?
Back
$25
6.
FLASHCARD QUESTION
Front
How can you protect your checking account when using online and mobile banking? Options: Use strong and unique passwords, Avoid using public Wi-Fi networks, Regularly monitor your account activity, All of the above
Back
All of the above
7.
FLASHCARD QUESTION
Front
Why is understanding a bank's fees particularly important for students or young adults?
Back
They are more likely to have a low income
Create a free account and access millions of resources
Similar Resources on Wayground
14 questions
Personal Finance

Flashcard
•
10th - 12th Grade
12 questions
Types of Credit

Flashcard
•
9th - 12th Grade
15 questions
PF Checking

Flashcard
•
9th - 12th Grade
10 questions
Understanding the Unbanked

Flashcard
•
9th - 12th Grade
13 questions
Banking

Flashcard
•
9th - 12th Grade
10 questions
FBLA: Banking & Financial Systems

Flashcard
•
9th - 12th Grade
10 questions
Bank Accounts FLASHCARD

Flashcard
•
9th - 12th Grade
15 questions
NGPF Banking Unit Review

Flashcard
•
9th - 12th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade
Discover more resources for Other
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade