Your First Bank Account and Card · seed 1 · A4, ink-friendly. The answer key prints on its own page for grown-ups.

Your First Bank Account and Card

Life Skills · Money & Finance · ages 12-13
Name ______________________   Date ____________

  1. Which of these is a direct debit?

    • One sweet bar at a shop
    • Power bill paid by itself monthly
    • Cash from a friend once

  2. Mia sees 200 but a 60 bill waits pending. What can she spend?

    • 140, since 60 is claimed
    • 200, the whole line
    • 260, since pending adds

  3. A lost card means wait a week and hope.

    Circle one:   True   False

  4. Which payment never repeats by itself?

    • A one-off card payment
    • A monthly internet debit
    • A monthly power debit

  5. Two lines show 500 balance and 80 pending. What is free to spend?

    • 580
    • 500
    • 420

  6. Direct debits and one-off payments behave exactly the same.

    Circle one:   True   False

  7. Jo claims her whole balance while three bills wait pending. What is her error?

    • Bills pay themselves twice
    • Balances always grow
    • Pending bills already claim part of it

  8. Sam spots a payment he never made. What should he do first?

    • Buy more to test the card
    • Freeze the card and tell the bank
    • Wait for a second strange one
LightMySky · lightmysky.comW1-mt_YoV2gRHaLS-s1

Answer key

For grown-ups. Fold this page away before handing over the rest.

Your First Bank Account and Card W1-mt_YoV2gRHaLS-s1

  1. Power bill paid by itself monthly · Direct debits repeat by themselves for regular bills.
  2. 140, since 60 is claimed · Pending money is already spoken for, so spend only the rest.
  3. False · Freeze the card in the app and tell the bank at once.
  4. A one-off card payment · One-off payments happen once and stop.
  5. 420 · Pending claims part, so true spending is 420.
  6. False · One repeats monthly by itself, the other happens once.
  7. Pending bills already claim part of it · She counts claimed money as free, so she will overspend.
  8. Freeze the card and tell the bank · Fast freezing stops the next theft.
Worksheet · LightMySky