Question

Which of the following is not considered to be a credit to a checking account?

1) a rebate
2) overdraft fee
3) atm deposit
4) direct deposit
5) earned interest

Answer 1

The correct answer is 2) overdraft fee. An overdraft fee is not considered to be a credit to a checking account.

Step-by-step explanation:

The correct answer is 2) overdraft fee. An overdraft fee is not considered to be a credit to a checking account. It is a fee charged by the bank when you spend more money than you have available in your account. It is a debit that reduces the balance of your account.