STUDENT Checking account statement

A Student Checking account would be classified as what type of account according to the Agreement?

Basic

Which of the following is TRUE about a CF Free Student Checking Account?

The minimum deposit to open the account is $25.

Assuming you have a TFFree Student Checking Account, which fee would end up costing you extra money?

out of network atm fee

You choose Option A for Overdraft Options. What would happen if you had $30 in your checking account and you tried to take out $45 at the grocery store using your debit card?

Your transaction would be denied, you'd have to return the groceries, and you would NOT be charged an overdraft fee.

You choose Option B for Overdraft Options. Assume that you have $30 in your checking account and $50 in your savings account. What would happen if you tried to take out $45 at the grocery store using your debit card?

Your transaction would be approved since the bank would transfer money from your savings

to your checking account, and you'd be charged a $10 fee.

You choose Option D for Overdraft Options. What would happen if you had $10 in your checking account and completed the following debit card transactions on the sare day:

$45 for groceries $20 for movie tickets

$15 for popcorn and soda

You would be able to purchase everything, and you would owe the bank $70 and be charged three overdraft fees totaling $111.

Assuming you have a TCF Free Student Checking Account, how many maximum overdraft fees car: you incur in one day?

5

Which of these TCF checking account fees is the MOST expensive?

Overdraft Fee (Option D)

You have the following transactions post to your account on the sarne day: your paycheck deposit, a check you wrote for your rent, and a debit transaction for groceries. Which would be processed FIRST?

Your paycheck deposit

You deposit your birthday check for $50 at the TC ATM. When will you have access to the money?

one business day