# Vantage Checking Account Quiz

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| By Schmittync3
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Schmittync3
Community Contributor
Quizzes Created: 1 | Total Attempts: 163
Questions: 6 | Attempts: 163

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Vantage checking is an important account that seems to get dismissed. Test your knowledge and see if you have an ad-VANTAGE on the Vantage checking account!

• 1.

### What is the minimum balance requirement?

• A.

\$10

• B.

\$15

• C.

None

• D.

\$5

• E.

\$50

C. None
Explanation
The minimum balance requirement is "None" because there is no specified minimum amount that needs to be maintained in the account. This means that the account holder is not obligated to keep a certain balance in order to avoid any penalties or fees.

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• 2.

### What is the monthly fee w/direct deposit?

• A.

\$10

• B.

None

• C.

\$15

• D.

\$5

• E.

\$20

D. \$5
Explanation
The correct answer is \$5. This is the monthly fee for an account with direct deposit.

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• 3.

### What is the monthly fee WITH OUT direct deposit?

• A.

None

• B.

\$15

• C.

\$20

• D.

\$5

• E.

\$10

B. \$15
Explanation
The monthly fee without direct deposit is \$15.

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• 4.

### What is the opening balance?

• A.

None

• B.

\$25

• C.

\$10

• D.

\$50

• E.

\$35

C. \$10
Explanation
The opening balance refers to the initial amount of money in an account at the start of a financial period. In this case, the correct answer is \$10, indicating that the account had \$10 at the beginning.

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• 5.

### Vantage checking customers are able to open a savings account.

• A.

True

• B.

False

A. True
Explanation
Vantage checking customers have the option to open a savings account. This means that if someone has a Vantage checking account, they can also choose to open a savings account alongside it.

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• 6.

### What is the max ODP limit?

• A.

\$100

• B.

\$150

• C.

\$200

• D.

\$250

• E.

None

D. \$250
Explanation
The correct answer is \$250. This is the maximum ODP (Overdraft Protection) limit, which means that the bank allows customers to overdraw their accounts up to a maximum of \$250. This limit ensures that customers have some flexibility in case they need to make a payment that exceeds their account balance, but it also sets a cap to prevent excessive overdrawing.

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• Current Version
• Mar 22, 2023
Quiz Edited by
ProProfs Editorial Team
• Sep 23, 2010
Quiz Created by
Schmittync3

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