by fritsch.denis
Navigating the world of bank fees can be a daunting task, but understanding them is crucial for managing your finances effectively. This quiz will challenge your knowledge on various bank fees, their purposes, and how they can affect your financial well-being. Let’s see how much you know about the costs associated with banking and how to avoid unnecessary charges. Good luck, and may you come out fee-savvy!
We recommend that you do not leave the page that you are taking this quiz in. Stay honest 🙂
Bank Fees Quiz Questions Overview
1. What is an overdraft fee?
A fee for transferring money between accounts
A fee for using an ATM
A fee for spending more money than you have in your account
A fee for maintaining a minimum balance
2. Which fee is commonly charged for using another bank’s ATM?
Overdraft fee
Maintenance fee
Foreign transaction fee
ATM fee
3. What is a maintenance fee?
A fee for overdrawing your account
A fee for using another bank’s ATM
A monthly fee for maintaining your account
A fee for transferring money
4. Which fee is charged when you make a purchase in a foreign currency?
Overdraft fee
ATM fee
Foreign transaction fee
Maintenance fee
5. What is an early account closure fee?
A fee for overdrawing your account
A fee for closing your account early
A fee for using another bank’s ATM
A fee for making a foreign transaction
6. Which fee might you incur for not maintaining a minimum balance in your account?
Overdraft fee
Maintenance fee
Minimum balance fee
ATM fee
7. What is a paper statement fee?
A fee for overdrawing your account
A fee for receiving paper statements
A fee for using another bank’s ATM
A fee for making a foreign transaction
8. Which fee is charged for transferring money between accounts at different banks?
Overdraft fee
Wire transfer fee
ATM fee
Maintenance fee
9. What is a returned deposit fee?
A fee for overdrawing your account
A fee for using another bank’s ATM
A fee for depositing a check that bounces
A fee for making a foreign transaction
10. Which fee is charged for requesting a copy of a check?
Overdraft fee
Check copy fee
ATM fee
Maintenance fee
11. What is an inactivity fee?
A fee for overdrawing your account
A fee for not using your account
A fee for using another bank’s ATM
A fee for making a foreign transaction
12. Which fee might you incur for using a credit card abroad?
Overdraft fee
Foreign transaction fee
ATM fee
Maintenance fee
13. What is a stop payment fee?
A fee for overdrawing your account
A fee for stopping the payment of a check
A fee for using another bank’s ATM
A fee for making a foreign transaction
14. Which fee is commonly associated with a savings account?
Overdraft fee
ATM fee
Maintenance fee
Minimum balance fee
15. What is a wire transfer fee?
A fee for overdrawing your account
A fee for sending money electronically
A fee for using another bank’s ATM
A fee for making a foreign transaction
We recommend that you do not leave the page that you are taking this quiz in. Stay honest 🙂
