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A plastic card that provides electronic access to a personal bank account. It and the similar ATM card can be used to complete bank transactions much like a check.
bank, credit union
internet bank
credit card
False
prepaid card
cash
Debit card
bank
A for profit buisiness that is approved and backed by the federal government. These institutions receive money from business, pay interest, make loans, invest in securities, collect checks, and keep safe deposit boxes.
bank, credit union
internet bank
credit card
False
prepaid card
cash
Debit card
bank
A card that allows the holder to buy goods and services by taking out a bank loan for the purchases.
bank, credit union
internet bank
credit card
False
prepaid card
cash
Debit card
bank
Credit cards and debit cards are essentially the same thing.
bank, credit union
internet bank
credit card
False
prepaid card
cash
Debit card
bank
A card that allows you to spend only the amount you have pre-deposited into that account.
bank, credit union
internet bank
credit card
False
prepaid card
cash
Debit card
bank
Which of the following are financial institutions?
bank, credit union
internet bank
credit card
False
prepaid card
cash
Debit card
bank
customers can access their money using mobile apps, telephone, web pages, and ATMs. There are no local branches or walk-up tellers. Fees at these banks are minimal and interest rates paid are often higher.
bank, credit union
internet bank
credit card
False
prepaid card
cash
Debit card
bank
Bills and coins created by the government.
bank, credit union
internet bank
credit card
False
prepaid card
cash
Debit card
bank
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