Cash Reserve
Quiz by Piper O'Meara
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
- Q1
What is the fee for having a cash reserve and when is it charged?
$20 a year charged at the end of the first statement cycle
$10 a year charged at the end of the first statement cycle
$20 a year charged 6 months from account opening
$10 a year charged 1 year from account opening
30s - Q2
How can a customer cancel their cash reserve?
Users enter free textType an Answer30s - Q3
Who can benefit from having a reserve on their account
Users re-arrange answers into correct orderJumble30s - Q4
What are the three ways customers can get a cash reserve?
By applying through Centralized Accounts and LoansBy completing a Cash Reserve Application in a branchBy getting pre-approved when opening a new account30s - Q5
A minor can be added to an account with an existing cash reserve
truefalseTrue or False30s - Q6
How are automatic payments made to a cash reserve?
Users enter free textType an Answer30s - Q7
Which of the following is not true regarding cash reserves
Cash reserves allow our customers to borrow money from us on approved basis
Cash reserves are not a credit product and will not add to your revolving credit amount
Cash reserves have a lower annual percentage rate than most credit cards
Cash reserves provide overdraft protection for our customers
30s - Q8
FirstBank's Cash Reserve APR will vary based on the Wall Street Journal Prime Rate, what is the maximum APR?
20%
21%
22%
21.5%
30s