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Types Of Bank Account
Test Description: How good is your bank knowledge
Instructions: Answer all questions to get your test result.
1) Best for people studying at college
A
savings account
B
deposit account
C
current account
D
student account
2) Allows customer to apply for an overdraft and have standing orders and direct debits
A
deposit account
B
student account
C
savings account
D
current account
3) Earns high interest if notice must be given to withdraw
A
basic account
B
savings account
C
student account
D
current account
4) This is sent by the bank to show how much is in your account
A
bank statement
B
cash card
C
balance card
D
bank card
5) Lucy is 3 and mum and dad want to control her account. The best type is
A
deposit account
B
current account
C
student account
D
savings account
6) Alison has to pay £10 each month to her gym. A current account would let her use a
A
overdraft
B
direct debit
C
interest
D
standing order
7) This feature of a current account lets you spend more than you have in your account
A
credit card
B
direct debit
C
debit card
D
overdraft
8) ATM machines require you to key in
A
personal identity number
B
personal isolation number
C
personal information number
D
personal information now
9) A deposit account lets you put money into your account and take money out using
A
a cash card
B
a passbook
C
a debit card
D
a credit card
10) This card allows you to buy goods now, but pay for them later.
A
cash card
B
debit card
C
credit card
D
loyalty card
*select an answer for all questions
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