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15
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What are some things you can do to avoid overdraft fees?
Keep a register, set up account alerts.
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15
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True of False. Once you are signed up for overdraft protection, you cannot opt out.
False
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15
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While low balance alert, mobile deposit alert, and unusual activity alert are all important, which one do you think would benefit you the most?
Answers will vary.
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15
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What is a "low balance" alert?
The bank sends you an alert whenever your account drops below a certain dollar amount, that you set.
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15
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What is a "mobile deposit" alert?
The bank sends you an alert when you set up a mobile deposit for your account.
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banana
Go to last place!
Oops!
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star
Double points!
Okay!
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shark
Other team loses 20 points!
Okay!
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lifesaver
Give 25 points!
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15
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What is misleading about the term "overdraft protection"?
Overdraft protection does not mean you will not be charged a fee if you overdraft.
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15
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What is an "unusual activity" alert?
The bank sends you an alert whenever you have unusual activity on your account.
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trap
No points!
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rocket
Go to first place!
Okay!
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rocket
Go to first place!
Okay!
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thief
Give points!
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25
15
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Why is it a good idea to set up mobile alerts for your checking account?
The warnings might alert you in time to prevent your making costly mistakes
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15
×
What is an overdraft fee?
A fee for withdrawing more money than you have in your account.
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heart
Other team wins 20 points!
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gold
Win 50 points!
Okay!
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rocket
Go to first place!
Okay!
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banana
Go to last place!
Oops!
15
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Tori has $75 in her checking account and swipes her debit card for a $90 purchase at Target. She has overdraft protection. What most likely happens?
Her purchase is approved, and she pays an overdraft fee of some sort.
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Check
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banana
Go to last place!
Oops!
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star
Double points!
Okay!
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fairy
Take points!
5
10
15
20
25
×
lifesaver
Give 25 points!
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