Banking Terms

To put money into your account

• Account Balance

• Deposit

• Penalty

• Account Balance

A written form used to pay for purchases from your checking account. It must include date, amount, and your signature.

• Check

• CD(Certificate of Deposit)

• Debit Card

• Penalty

A term used to indicate that the depositor's account is inadequate to cover the check. The transaction does not go through.

• Penalty

• ATM

• Insufficient Funds

• Personal Loan

An automatic deposit on a paycheck without having to take a physical check to the bank.

• ATM

• Online Access

• Safety Deposit Box

• Direct Deposit

To take money out of the account.

• Withdraw

• Deposit

• Personal Loan

• Account Balance

What type of payment is widely used more than any other?

• Credit card purchases

• Debit card

• Cash

• Checks

Using credit cards, if your not careful, can cause you to fall into ________.

• debt

• salary

• credit

• insurance

It is important to keep a _________, so you can track your money more carefully.

• income

• budget

• loan

• utilities

The government charges us ________ every time we ear money.

• business

• property

• taxes

• investments

What is a typical overdraft fee?

• $10

• $25

• $50

• $100