Financial Literacy - checking accounts
Authored by Darian Corona
Mathematics
6th Grade
CCSS covered
Used 6+ times
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8 questions
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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
Tags
CCSS.7.NS.A.1C
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
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