Daily Vocab quiz 5

A type of account that earns interest

• checking account

• Savings account

• Credit account

a type of bank account that allows you to easily deposit and withdraw money for daily transactions

• Checking account

• savings account

• credit account

a thing that is borrowed, especially a sum of money that is expected to be paid back with interest

• loan

• credit

• debit

The first nine numbers that appear at the bottom of a check and identify the bank

• checking account

• direct deposit

• routing number

When a borrower fails to repay the funds according to the agreement

• Repayment

• Default

• Surcharge

the action of paying back a loan

• Repayment

• Debt

• Surcharge

the maximum amount you are allowed to charge on a credit card

• Credit Limit

• Surcharge

• Interest

Most jobs require _____, instead of giving you a paper check.

• Repayment

• Direct Deposit

• Surcharge

I don't like using the ATM at the gas station because they charge a $3 ______.

• Default

• Interest

• Surcharge

The bank increased my ______ allowing me to spend more money!!!

• Surcharge

• Credit Limit

• Debt