12
QuizMultiple Choice

Selecting a Bank

Question 12 • POP Financial Math 26/27

You are examining your choices of banks to open a new checking account. Potential costs include monthly maintenance fees, statement copy fees, and ___________.

Answer
A
Credit cards
B
Debit cards
C
Overdraft fees
D
Interest on deposits

Explanation

Overdraft fees are a potential checking-account cost: they may be charged when a payment or withdrawal exceeds the money available in the account. Credit cards and debit cards are payment tools, while interest on deposits is generally money the bank pays you rather than a fee.

AI-written and checked against the verified answer.

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