Managing a Checking Account

What is the average fee to take money out of a non-network ATM? Question of the Day What is the average fee to take money out of a non-network ATM?

From a survey done by BankRate: $4.52 This charge includes: The bank’s fee The ATM fee

Dave Ramsey Video Chapter 3 Video 2.1 Responsible Banking List 3 things you learned from the video

How to start using your checking account properly

The Fine Print:Checking Accounts Use the user agreement form to answer the 10 questions on the worksheet given.

Bank Overdraft Fees

3 mobile banking alerts everyone should activate Low balance The low balance alert sends you a text message when your bank account balance drops to a predetermined amount, which could be $20, $500 or some other number you select. “It’s information that helps you avoid overdrafts or spending money. Maybe you need that alert to say, ‘I can’t make that trip to the mall tonight,'” Moore explains. Mobile deposit. The mobile deposit alert sends you a text message when you use your smartphone to submit a check to deposit to your bank. “Think of when you walk into a banking center or financial center and the teller hands you a receipt,” Moore says. “You’ve given us a deposit and we’ve given you a receipt. This alert is just like that.” Unusual activity. The unusual activity alert sends you a text message if your bank detects activity on your account that could be fraud. Examples include transactions beyond your usual haunts, spending that doesn’t fit your pattern, transactions for unusually high dollar amounts and multiple fast-paced transactions. 3 mobile banking alerts everyone should activate

Bank Statements

Fine Print: Bank Statements Use the bank statement to answer questions 1-10 on the worksheet.

Exit TIcket What is the largest frequently charged fee on checking accounts? Give two examples of useful alerts you could set on your checking account to help you avoid fees.   Explain the difference between a checking agreement and a checking account statement.