Financial Literacy - checking accounts

Financial Literacy - checking accounts

6th Grade

8 Qs

quiz-placeholder

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Financial Literacy - checking accounts

Financial Literacy - checking accounts

Assessment

Quiz

Mathematics

6th Grade

Easy

Created by

Darian Corona

Used 6+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This feature allows you to spend more than you have in your account. The bank usually charges a fee for each covered transaction.

Overdraft protection

Daily minimum balance requirement

Online banking

ATM fee

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This fee is charged by your bank to process checks written on your account in a certain time frame.

Overdraft protection

Daily minimum balance requirement

Check fee

ATM fee

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This requirement penalizes you if you don't maintain a certain balance in your account.

Overdraft protection

Daily minimum balance requirement

Online banking

ATM fee

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This fee is assessed if you withdraw money from an ATM outside of your bank's network.

Overdraft protection

Daily minimum balance requirement

Online banking

ATM fee

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This feature allows you to access your banking information online, including balances and your transaction history.

Overdraft protection

Daily minimum balance requirement

Online banking

ATM fee

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You have $8 in your bank account, but you spend $10 on snacks at the store.

What feature do you need?

Overdraft protection

Online banking

No daily minimum balance requirement

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You need to check your bank balance, but you don't keep a written record of how much you spend.

What feature do you need?

Overdraft protection

Online banking

No daily minimum balance requirement

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You regularly spend ALL of the money in your account.

What feature do you need?

Overdraft protection

Online banking

No daily minimum balance requirement