Share Basic Banking Terms
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I work at a bank counter. I help people with their money. Who am I?
Teller
A debit card takes money from your bank account when you buy something.
Yes.
Two people share this account. What kind of account is it?
Joint account
To deposit money means to take money out of your account.
No. To deposit money means to put money into your account.
I use the bank’s services. I am a bank ______.
Client
You use this account for everyday payments. What is it?
Chequing account
A vault is a locked room where a bank keeps money and other valuable items.
Yes
I put $50 into my bank account. What did I do?
Deposit money
A service charge is money the bank pays you for using its services.
No. It is money you pay the bank for a service.
This card pays with money from your bank account. What is it?
Debit card
A savings account is usually used for everyday purchases and bill payments.
No. A chequing account is usually used for those payments.
You keep important papers or small valuable items in this locked box at a bank. What is it?
Safety deposit box
A bank client is a person who works at the bank counter.
No. A client uses the bank’s services. A teller works at the counter.
I took $100 out of my account at an ATM. I made a ______.
Withdrawal
Interest is always money the bank pays you.
No. You may earn interest on savings or pay interest when you borrow money.
This is the money you may earn on savings. You may also pay it on a loan.
Interest
