Grade 4/5 Ontario - Financial Literacy

What is the short form of Electronic Money Transfer?

If we make a mistake on a cheque, what do we write across the cheque?

In order to send an e-transfer, I need to have money in my bank account.

If I buy a $25.00 V Bucks gift card for my friend, how much money do I have to pay to get the gift card?

What is the second thing we should do on a cheque?

Credit cards can help you pay for things now and allow you to pay it back after?

What do I need to transfer money?

What is interest?

You can use a cheque to pay rent?

We must sign a cheque at the bottom

I can write a cheque at Tim Hortons. True or False?

Can I go to the store and take a gift card without paying?

On a cheque, we should write the number form beside the $ sign.

What is a memo?

If you use a credit card, you must pay the money back within 30 days?

You must have money in your bank account to use a debit card

Credit Cards are borrowed money by the bank. True or False?

What is the first thing we should do on a cheque?

A debit card allows use to pay for things from your bank account

If we make a mistake on a cheque, what do we write across the cheque?

How do you get a credit card?

I can use cash at Dollarama. True or False?

I can send money just using my phone?

On a cheque its important to use ----------------- after we write the dollar amount in word form.

In order to get a gift card, you must purchase it in exchange for cash