Banking Accounts Quiz
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Questions and Answers

I deposited my paycheck directly into my ______ account to cover monthly bills.

chequing

She transferred a portion of her income into a ______ account to build her emergency fund.

savings

I sent an e-transfer to split the dinner bill with my friend using ______ banking or mobile banking apps.

online

Through ______ banking, I scheduled my utility bill payments for the month.

<p>online</p> Signup and view all the answers

A loan specifically for purchasing real estate, where the property acts as collateral until the loan is repaid.- They secured a ______ with a competitive interest rate to buy their first home. - Refinancing a ______ can lower monthly payments or shorten the loan term.

<p>mortgage</p> Signup and view all the answers

The percentage charged on a loan or paid on deposits over a specific period, usually one year.- The bank offered a low-______ for new car loans this quarter. - Savings accounts with higher ______s can significantly increase your savings over time.

<p>interest rate</p> Signup and view all the answers

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