JA Biztown Financial Literacy Review

Banks offer different types of accounts because_____

To sign your name on the back of the check is to _______________ it. 

The __________ you put in your savings account, the better!

What is a direct deposit?

Which is better for your savings account?

What is TRUE about debit cards?

True or False: The longer money is in your savings account, the better. 

A written order to a bank to pay money from a checking account to another person or business

Money borrowed that must be repaid, usually with interest is called a(n) _________ .

_ is a bank account used to pay bills and access funds using checks and debit cards

What is TRUE about credit cards?

The amount of money placed into an account after all deductions (ex: cash back) is called ___

When do you sign your deposit ticket?

The amount of money left over from your paycheck after taxes and deductions is called ___

________________ is a fee received or paid for the use of money.

Which of the following is NOT a financial institution?

What type of check is this?

Which is NOT a service banks offer?

A system that guides how money is earned and used in society is called the ______

 __ is a card that allows people to electronically and immediately withdraw funds from accounts

What is this a picture of?

Which is more important?

A card that allows the holder to buy goods and services by taking out a bank loan is called 

A _____________ is a booklet for recording money deposited or withdrawn from an account. 

When you deposit money in your account it is important to _____. 

A(n) _______________ is a business that offers money-related services to its customers. 

_ is an account that usually earns interest & is often used to hold money not needed right away

The _______________ is the  current amount of money in an account.

What is this a picture of?

When you write a check you should ____