Exit Ticket 9WK-2.3

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Exit Ticket 9WK-2.3

Email *

First & Last Name *

Class Period *

1. Which statement regarding online bill pay is accurate? *

1 point

Online bill pay is a system by which your employer can automatically send your paychecks to your checking account.

Online bill pay is only used for recurring bill pay such as your cell phone or car insurance bills.

Online bill pay refers to using your mobile phone to deposit a check by taking a picture.

Online bill pay can be used for one-time payments as well as recurring payments.

2. Fill in the blanks: Direct deposit typically refers to your ___________ sending your _______ electronically to your bank account. *

1 point

employer, bills

parents, allowance

credit card company, bills

employer, paycheck

3. Each of the following is a convenience of online banking EXCEPT… *

1 point

Avoid the service charge associated with doing your banking in person at a bank branch

Set up automatic alerts for low balances, suspicious activity, etc

Transfer money between your checking and savings accounts

Monitor your account balances to try to avoid overspending or overdrawing

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