Checking Account Infographic

Place the following in the chronological order they were introduced to the banking system from left (earliest) to right (latest).

• ATMs

• Debit Cards

• Paper Checks

• Contactless Payments

• Credit Cards

Place the following in the chronological order they were introduced to the banking system from left (earliest) to right (latest).

• Contactless Payments

• Online Bill Pay

• ACH Transfers

• Mobile Deposits

• Online Banking

Place the following in the chronological order they were introduced to the banking system from left (earliest) to right (latest).

• Debit Cards

• Online Bill Pay

• Paper Checks

• Mobile Deposits

• Credit Cards

Place the following in the chronological order they were introduced to the banking system from left (earliest) to right (latest).

• Contactless Payments

• Wire Transfers

• Mobile Apps

• ATMs

• ACH Transfers

Place the following in the chronological order they were introduced to the banking system from left (earliest) to right (latest).

• Contactless Payments

• ATMs

• Mobile Apps

• Debit Cards

• Online Banking

Organize these options into the right categories

Groups:

(a) Getting Money Into Your Account

,

(b) Get Money out of your account

• Bring cash to the bank and make a deposit

• ATM Withdrawal

• Make a purchase with your debit card.

• Deposit a check

• Visit a bank teller and make a withdrawal

• Mobile Deposit

Organize these options into the right categories

Groups:

(a) Get money into your account

,

(b) Get money out of your account

• Transfer money to another account

• Online bill payment

• Direct Deposit

• Transfer from another account

• ATM Deposit

• Write a check to a business

Organize these options into the right categories

Groups:

(a) Getting money into your account

,

(b) Getting money out of your account

• Direct deposit a pay check

• Deposit cash at an ATM

• Make a purchase with a debit card

• Write a check to a business

• Take your money to a bank teller to deposit

• Transfer money to another account

What is a good rule of thumb regarding checking accounts?

• You should only keep the amount of money you need in your checking account.

• You should always use a credit union and NEVER use a bank.

• Checking accounts are only worth it if you are super wealthy.

• Checking accounts reset at the end of every year so don't worry about overspending.

• Checks are the best way to take money out of a checking account

Why should you only keep what you need in your checking account? (Pick Two)

• Checking accounts do not pay very much interest

• Checking accounts are the easiest for a hacker to steal from

• Checking accounts charge a high fee, the more in the account the higher the fee

• Checking accounts are taxed by the government while other accounts are not

• The money in your checking account is not insured, while the money in other accounts are