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Banking Basics

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