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What is an "Overdraft"?
Money you can borrow if your account goes below zero.
A loan that you take out.
What does "Savings" refer to?
Money spent on daily expenses.
Money set aside for future use.
When you have money available in your account, you are _________.
debit
credit
Using a _________ allows you to pay bills automatically without writing checks.
Direct debit
Direct Balance
What does "Account" refer to?
A place where you keep your money.
A type of loan.
What is "Balance"?
The interest rate on your savings.
The total amount of money in your account.
What is a "Branch"?
A part of a tree.
A local office of a bank.
What does "Direct debit" mean?
A type of investment.
Money taken directly from your account to pay bills.
What does "Direct debit" mean?
A type of investment.
Money taken directly from your account to pay bills.
What does "In credit" mean?
You owe money to the bank.
You have money available in your account.
What is an "Interest rate"?
The fee for using an ATM.
The percentage you earn or pay on money borrowed or saved.
What is an "Overdraft"?
A loan that you take out.
Money you can borrow if your account goes below zero.
What does "Savings" refer to?
Money set aside for future use.
Money spent on daily expenses.
A _________ is a local office of a bank.
Balance
Branch
When you have money available in your account, you are _________.
debit
credit
The _________ is the amount of money that you have in your bank account at any given time.
Balance
Overdraft
