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Banking Basics
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With a debit card you can shop where?
Anywhere
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Okay!
Fee charged if you overdraw your account
Overdraft fee
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Name a store where you could use your debit card
Walmart, Target........
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Name one fast food place where you can use your debit card
McDonalds, Taco Bell, Burger King, Wendy's, Jack in the Box........
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Would 1212 be a good PIN to choose?
No
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Using the internet to pay your bills and access your account
Online banking
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To take money out of your account
withdraw
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Okay!
Would 8362 be a good PIN to choose?
Yes
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What it's called when your account balance falls below zero
Overdrawn
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Can I withdraw money from any ATM?
Yes
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When you paycheck automatically goes into your bank account
Direct deposit
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The money you make by working
Income, salary, wages
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A machine used to access money in your account
ATM - Automated Teller Machine
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What you will need to do if you run out of money in your account
Transfer money from another account or make a deposit
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Okay!
A paper note used to pay for items or services
Check
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What is it called when you move money from one account to another
Transfer
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This fee might be added to my ATM withdraw if I use a machine at another bank
Fee
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Okay!
Can you use your debit card to buy things online?
Yes
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Okay!
This person can help you at the bank deposit or withdraw money from your account
Bank teller
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Who is it ok to share your PIN with?
Someone you trust (ex. parents)
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Card used to access funds in your bank account
Debit card
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What is an "automatic payment"
A preset payment that comes out of your account automatically
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To put money into your account
Deposit
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Okay!
Security code needed when using your debit card
PIN or personal identification number
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Okay!
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