A lifeline checking account is accurately described as an account that
A)always pays interest.
B)assesses monthly fees depending on the maximum balance in the account.
C)assesses no charges for ATM transactions.
D)can be accessed using a debit card.

Question

Quizplus · Accepted Answer

A lifeline checking account allows access to funds using a debit card, but there is no guarantee of interest or free ATM transactions. Monthly fees or minimum balance requirements may also apply, but these vary by bank or credit union.

A Lifeline Checking Account Is Accurately Described as an Account