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Credit vs. Debit Terms to know

Across
Maximum amount of credit (or spending on a credit card) you can get from a bank
An incentive offered by a credit card where a small percentage of the amount spent is given back to the person who owns the card
A number calculated based on credit history, purchases, and borrowing rate that establishes your trustworthiness
The amount that has been spent on a credit card, this is the amount owed to be paid back
This is an option given by banks that prevents financial transactions from putting a checking account below 0
A service offered on credit cards to borrow money by pulling cash out of an ATM from a credit card
A percentage determined by your bank that impacts your savings account and/or credit card payments
A card issued by a credit card company, a loan that people are given to spend as they please, include a credit limit, credit card eligibility is determined by your credit
A card connected to a checking account for spending, using means pulling money from your checking account
A type of transaction; a withdrawal that has not been posted/reflected on account balance
An account linked to checking accounts, savings accounts do have limitations on how much money minimum can be in them, how often money can be transferred from them, savings accounts build interest, “rainy day fund”
Down
A fee charged by banks on checking accounts once a month
A type of transaction; money being taken out of your account
An incentive offered by a credit card to encourage use such as cash back or frequent flyer points
A ten digit number specific to your bank account
An account linked to a debit card, this is spending money and used often by most people
How much money is in your account
When withdrawals exceed the balance of an account the bank charges a fee for the transaction
A nine digit number specific to a bank account; used to make online transfers or direct deposit
A type of transaction; money being put into your account
Federal Deposit Insurance Commission, the Government provides insurance, if a bank loses your money the government will cover it