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Checking Accounts

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Checking Accounts

Justice August 20, 2017

Checking Accounts

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Question 1 of 4

1. Question
Which of the following are benefits of having a checking account? Check all that apply.
- A. Allows you to keep track of your money
- B. Allows you to pay for things with checks or a debit card
- C. Improves your credit score
- D. Keeps you from spending too much money
- E. Keeps your money safe
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Question 2 of 4

2. Question
What are some things you may need to bring with you to the bank when you open an account? Check all that apply.
- A. A parent or guardian to co-sign if you’re under 18
- B. Identification (such as a driver license, social security card, etc.)
- C. Proof that you have a job
- D. Some money, either check or cash, to deposit
- E. Your computer or smartphone, so you can set up online banking
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Question 3 of 4

3. Question
What’s the difference between a debit card and an ATM card?
- A. A debit card can be used in many different places, but an ATM card can usually only be used at the ATM.
- B. A debit card is intended for everyday use, while an ATM card is intended only for emergencies.
- C. A debit card takes money directly from your checking account, but an ATM card does not.
- D. There is no difference–they are the same thing.
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Question 4 of 4

4. Question
What does direct deposit do?
- A. It allows you to make deposits at the ATM
- B. It allows you to send money to others easily
- C. It allows you to skip to the front of the line at the bank
- D. It deposits your paychecks automatically
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Checking Accounts

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