A bill-paying method you set up with the merchant or service provider. You provide the merchant or service provider (for example, your cell phone provider or utility company) with your checking account information and they take the funds from your account each time the bill is due (for example, every month).
A fee you may be charged if you check your prepaid card balance at an ATM or if you call customer service to ask about your balance.
Stands for “automated teller machine,” a machine that lets bank customers perform basic transactions, such as deposits and withdrawals.
An item with economic value, such as stock or real estate.
The cost of borrowing money on a yearly basis, expressed as a percentage rate.
The profit or loss on an investment over a one-year period.
Posters, signs, television commercials, radio spots, and other media that businesses use to promote products or services.
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