Financial literacy

What is a machine that allows bank customers to deposit or withdraw money without visiting their bank?

• ATM (automated teller machine)
• Safe deposit box
• Credit card
• Certificate of deposit (CD)

What is a written order to a bank to pay a certain amount of money from a checking account to another person or business?

• Transaction
• Loan
• Check
• Debit card

What is a card that allows the holder to buy goods and services by taking out a bank loan?

• Credit card
• Debit card
• Credit union
• Loan

What is a card that allows customers to electronically and immediately withdraw funds from their accounts, either in cash or to purchase goods or services?

• Credit card
• Debit card
• ATM (automated teller machine)
• Check

What is money borrowed that must be repaid, usually with interest?

• Loan
• Check
• Checking account
• Debit card

What is a service that allows customers to perform banking activities using the Internet?

• ATM (automated teller machine)
• Safe deposit box
• Online banking
• Debit card

What is an account that usually earns interest and is often used to hold money that is not needed right away?

• Checking account
• Savings account
• Loan
• Transaction

money subtracted from an account

• withdrawal
• deposit
• transfer
• balance

money owed

• balance
• overdraft fee
• loan
• debt

Tags

CCSS.7.NS.A.1A

a written record of checks, debits, fees, withdrawals, and deposits for a checking account; it keeps track of money going in and out of a checking account  

• check register
• transaction
• debit card
• overdraft protection