Review of material from group chat last class

People who have a bank account but use alternate financial services are known as

• unbanked

• Gen Z

• underbanked

• fiduciaries

Which is NOT an example of an AFS?

• check cashing locations

• payday loan

• title loans

• savings account

A card that is provided by your employer that has your earned income on it is

• savings card

• prepaid card

• payroll card

• credit card

Cash App is considered a

• credit union

• peer to peer app

• budgeting app

• savings account

If you are not verified, are there restrictions on Cash App?

• Yes, limited to $1000 credited and $1000 debited per 30 day period

• Yes, limited to $100 per 30 day period

• Nope

What type of mobile alert is designed to notify you of potential fraud?

• low balance alert

• large purchase alert

• unusual account activity alert

• direct deposit alert

This type of mobile alert reminds you of recurring bills, loan payments, or subscriptions

• upcoming payment alert

• direct deposit alert

• large ATM withdrawal alert

• debit card alert

Is a prepaid card linked to a bank account?

• Yes

• No

Is a prepaid card insured?

• Yes

• No

A daily transaction account is a

• savings account

• checking account

• credit account