Banking 101 | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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15

What is a chequing account?

Chequing accounts are meant for daily use. To pay for your monthly expenses, to receive deposits from your employer, your friends.

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20

What are the bank plans that BMO offers?

Premium, Performance, Air Miles, Plus, Practical

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eraser

Reset score!

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seesaw

Swap points!

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gift

Win 20 points!

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baam

Lose 20 points!

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25

What is an overdraft?

A deficit in a bank account caused by drawing more money than the account holds.

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baam

Lose 20 points!

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rocket

Go to first place!

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fairy

Take points!

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lifesaver

Give 25 points!

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thief

Give points!

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star

Double points!

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rocket

Go to first place!

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baam

Lose 5 points!

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15

What is a savings account?

A savings account is used to save money and they generate interest.

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25

What is the difference between payee and payor?

Payee is the person/ organization who receives the payment. | Payor: The person making the payment

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25

What is a credit score?

A credit score is designed to represent your credit risk, or the likelihood you will pay on time.

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20

What is a cheque?

It is a written order between two parties (person or organization)

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What is a bank account?

A bank account is an arrangement with a bank that allows you to keep your money in the bank and to take some out when you need it.

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What is a debit card?

A debit card is a payment card that deducts money directly from a consumer's chequing account when it is used.

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25

What is the difference between a line of credit and a credit card?

All credit cards are lines of credit, but not all lines of credit are credit cards.

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trap

No points!

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gold

Win 50 points!

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shark

Other team loses 10 points!

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banana

Go to last place!

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