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TOPIC: Major US Banks increase overdraft charges


STEP 1 - Read the following article: READING COMPREHENSION ARTICLE 2




STEP 2 - Answer these questions (choose the best answer):

1. The Washington Mutual spokesman cites _____________________ as one of the main reasons behind the increase in overdraft charges.
  the weak economy
  too little money in customers' accounts
  competitive factors

2. How many times per day can a customer be penalized for overdrafting an account at Bank of America?
  Five
  Seven
  Six

3. What's the current overdraft charge at Washington Mutual?
  $32
  $25
  $34

4. When will a customer's card be debited ( = when will the balance on their account be reduced) after a purchase?
  The same day the purchase is made.
  Whenever the purchase clears.
  Three days from the time of the purchase.

5. In the context of this article, what does the term "easy-picking" mean?
  Indifferent
  Easy to get money from
  Easy to fool

Check answers

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