Banking

What is an overdraft fee?

• An overdraft fee is a charge for taking out more money from the account than you have in it.

• A penalty for not using your account for a month
• A charge for transferring money between accounts
• A fee for closing a bank account

What should you do if you see a charge on your bank account that you didn't do?

• Ignore the charge and hope it goes away.
• Withdraw all your money immediately.
• Change your bank account number without notifying the bank.
• Contact your bank to report and dispute the unauthorized charge.

Which one of these can help with keeping your money safe?

• Use a strong password for your login

• Let someone borrow your debit card

• Use public wifi

• Share your debit card PIN number with friends

How often should you be checking your online banking account?

• Once a month
• Every six months
• Only when making a transaction
• Daily if you can

Which of these are NOT done with online banking?

• Depositing a check

• Check your balance.

• Withdraw cash

• Transfer money from one account to another

Which one of these are NOT important when using an ATM?

• The time of day you use your ATM

• The location of the ATM
• Remembering your PIN

• The transaction fees charged

1. All banks charge a fee to use a debit card.

• TRUE

• FALSE

What word describes how much you have in the bank?

• withdrawal
• balance
• deposit
• account