Banking Terms | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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Which type of account gives you a small percent of interest back?

Savings

What does 'overdraw' mean?

Spent more money than you had in your account.

At the end of each month you will receive a ___________ in the mail

Bank Statement

What is a withdrawal?

Taking money out of your account.

You have to pay _____ if you do not pay your credit card off every month.

Interest

Which financial institution has more locations?

Banks

Your _____ _____ is what you use to pay for items from your checking account

Debit Card

Who is the person behind the counter at a bank that helps you?

A Teller

You will be charged a ______ if you overdraw your account

Fee

Which financial institution is not for profit?

Credit Union

True or False: You should use your credit card to pay monthly bills

FALSE

Which financial institution is owned by a company?

A Bank

What is a DEPOSIT?

Putting money in your account

Do you need to deposit money in an account when you open one?

Yes

A 4 digit number that only you know

PIN Number

Which financial institution gives you loans with lower interest rates?

Credit Union

Which financial institution is owned by the people who deposit money into it?

Credit Union

What does ATM stand for?

Automated Teller Machine