Checking Accounts Test Review

Money you add to your checking account.

Tool used to keep track of all transactions made in a checking account.

Type of bank account that allows you to deposit and withdraw money, make purchases using a debit card, and write checks to pay bills or other people.

Summarizes all the financial transactions that occurred in your checking account for the month.

Financial Institution that provides banking services exclusively online.

Type of bank that is locally owned and operated.

When you spend more money than you have in your account.

A financial institution that accepts money from customers and deposits it into the customer’s account.

Money you take out of your checking account.

Card that is linked to your checking account and allows you to make purchases or get cash using the funds in your account.