To pay all the money you owe
pay off
To spend more money than you have in your account
overdraft
A card that lets you borrow money to pay for things and pay later
credit card
Money given back when you return something you bought
return
A written record of money taken from or added to your account
bank statement
A payment you must make regularly (for example rent or phone)
bill
A list of money you earn and spend each month
budget
To carefully control how much money you spend
stick to a budget
Extra money the bank pays you for saving your money
interest
Money you put into your bank account
deposit
A machine where you can take out or deposit money
ATM
Money you take out of your bank account
withdraw
Money you must pay for things like services or banking
fee
Money you borrow from a bank and pay back later
loan
An account used for everyday spending and paying bills
chequing account
Money you spend to buy things or services
expense
Money you save for the future
savings
To send money to another person or account electronically
transfer
Money returned to you after you pay too much
refund
Money you save for unexpected problems
emergency fund
To pay money you owe
make a payment
To take money out of your account regularly for a bill
automatic payment
The money you still need to pay on a credit card or loan
balance due
To save money by spending less
cut back
An account used to save money and earn interest
savings account
Money you earn for working
income
Money you receive regularly from work
salary
Money you keep in a bank account
balance
A small plastic card used to pay directly from your bank account
debit card
A place where people keep and manage their money
bank