Banking Services
automatic payments is example of?
Electronic Banking.
If you are a person who is always busy and don't have time to go cash a check and will like it to hit your account of pay day. This checking account is for you.
Electronic/ATM Checking
ATM-Use Fee
Fee that is charged each time you use an ATM. You might be charged each time you use the ATM or each time you use an ATM at a bank other than your own.
What checking account is good for you if you dont write many checks?
Free/Low-Cost Checking
Stop-Payment Fee
If you lose a check or need to make sure a check is not paid by the bank for some other reason, you can request a "stop payment." There is a fee for this service, and the bank might not be able to catch the check before it is paid.
a penalty payment for having a negative balance in an account
Overdraft Fee
charge very high interest for loans based on the value of tangible assets (such as jewelry or other valuable items).
Pawn shops
a fee for each check you write
Per Check Fee
Regular Checking
With a regular checking account, there is usually a minimum balance required to waive the monthly service fee. This type of account usually offers unlimited check writing privileges.
Check Printing Fee
You can buy checks from the bank or through the mail from other companies. This is the fee that is charged for making the checks for you.
Returned Deposit Item
a fee charged if a check you deposit in your account bounces.
Monthly Service Fee
a fee charged to your account for not maintaining minimum monthly balance
electronic cash
an amount of money that is computerized, stored, and used as cash for e-commerce transactions
Being able to buy bus passes, postage stamps, gift certificates, and mutual funds at a ATM is A?
automatic teller machines
charge high fees (sometimes 2 or 3 percent) just to have a paycheck or government check cashed.
check-cashing outlets
allow consumers to get a cash advance on their next paycheck. However, these short-term loans are very expensive. A $200, two-week advance may cost over $30 (with annual costs exceeding $900).
check-deferral services
minimum deposit to earn interest; compounding method; fee charged for falling below necessary balance
interest rate earned
interest rate earned
minimum deposit to earn interest; compounding method; fee charged for falling below necessary balance
rent-to-own programs
offer an opportunity to obtain home entertainment systems or appliances for a small weekly fee. However, the amount paid for the item usually far exceeds the cost if the item were bought on credit.
rapid-refund tax services
provide "instant refunds" when you pay to have your federal tax return prepared. However, this "instant refund" is a loan with interest rates as high as 120 percent.
provide "instant refunds" when you pay to have your federal tax return prepared. However, this "instant refund" is a loan with interest rates as high as 120 percent.
rapid-refund tax services
offer an opportunity to obtain home entertainment systems or appliances for a small weekly fee. However, the amount paid for the item usually far exceeds the cost if the item were bought on credit.
rent-to-own programs
Being able to use your phone to pay for a transaction also known has Apple pay and Samsung pay is?
smart card.
direct deposit; automatic payments
special features.
A company thats sells prepaid cards for telephone service is?
stored-value card
direct deposit
the electronic transfer of a payment directly from the account of the payer to the recipient's account.
Phone Inquiry Fee
Some banks charge a fee if you call to check your balance or to see if a check or deposit has cleared.
Teller Fee
Some banks may charge a fee if you use a teller to make deposits or withdrawals more than a set number of times each month. Banks that charge this fee do so to encourage you to use an ATM for your basic banking transactions.
Fee for Helping You Balance Your Checkbook
Some banks will help you balance your checkbook. Others might charge you for this service.
