Financial Literacy Flashcards

1

The maximum amount of credit extended to you by a bank or credit card issuer is called the

2

A PIN is used to

3

What is an ATM?

4

Inflation represents a(n)

5

The lowest amount you must pay toward your credit balance each month is called

6

Money is subtracted from a bank account through a(n)

7

Which of the following can be used to deduct funds automatically from a checking account?

8

If you do NOT have an outstanding balance on your credit card, you are eligible for a

9

A check/debit card transaction in an amount over the total on deposit in a bank account is a(n)

10

Who guarantees your bank deposits up to $250,000?

Financial Literacy