Money is something we all have to deal with, but there are a lot of things even I don’t know. Here’s a little money quiz to see how much you know about money.

People that know me will know, that I love a good quiz. I watch The Chase every day without fail, and am constantly brushing up on facts from different books.

As much as I want to go to a pub quiz right now, it might be a while before that happens – so I thought I’d become a quiz master myself.

I blog about money – especially saving it… but money in general is such a large topic that covers a lot of things. It varies from country to country too – as each country has a different currency.

So these questions relate to all things money in the United Kingdom. There will be 2 different rounds of 10 questions – an easier set and a harder set.

With each question, you can click the drop down tab to reveal the answer. Be sure to keep track of how many you get correct too – I’d love to know your scores in the comments!

I hope you have your quiz hats on! Here we go. Let’s start with the easy set.

Money Quiz – Easy(ish)

Question 1:

What does ‘VAT’ stand for?

Value Added Tax

Question 2:

What is the highest value coin in circulation (GBP)?

£2

Question 3:

What is the minimum age to apply for a credit card in the UK?

Question 4:

What is the minimum number of coins you need to reach exactly £5.39?

8

(£2, £2, £1, 20p, 10p, 5p, 2p, 2p)

Question 5:

Until 2028, what is the minimum age you can claim state pension?

65

(It’ll increase to 67 in 2028)

Question 6:

If a dishwasher usually costing £235 has 20% off, how much does it cost now?

£188

Question 7:

Which British figure is on the reverse of a £5 note?

Winston Churchill

Question 8:

What does the acronym APR stand for?

Annual Percentage Rate

Question 9:

Money, Money, Money was a 1976 hit by which famous band?

ABBA

Question 10:

What is the name for a government building in which coins are produced?

A Mint

Money Quiz – Hard(ish)

Question 1:

If you’ve purchased something online, what length of time can you request a return & refund, under the consumer rights act?

14 days to request – a further 14 days to post and return

Question 2:

What does the acronym ATM stand for?

Automated Teller Machine

Question 3:

How many sides does the new £1 coin have?

Question 4:

Who is the current head of The Bank Of England?

Andrew Bailey

Question 5:

In what decade did the UK go decimal?

1970s

(15th February 1971 was the exact day)

Question 6:

What is the current price of a first class stamp (as of 2021)?

85p

Question 7:

Whose portrait was depicted on British coins prior to Queen Elizabeth II?

George VI

(The reigning monarch before the queen)

Question 8:

Which two cashback websites cancelled merging together, after an investigation by the Competitions and Markets Authority in 2019?

TopCashback & Quidco

Question 9:

What does FTSE stand for?

Financial Times Stock Exchange

Question 10:

True or False: The Pound Sterling is the oldest currency in the world that is still used as legal tender.

It’s true!

The British Pound was first created as a form of currency in the year 760!

Conclusion – Money Quiz Questions

How did you get on with those? I learned quite a bit myself researching those questions!

Hopefully that’s been a bit of fun for you. Do let me know in the comments how you did too. I’d love to know.

Should I do more money quizzes like this too? If you like them, I can do them more often.

You can also find another general knowledge quiz that I wrote here too.

What was your score on the easy and hard money quiz questions? I’d love to know in the comments below, on Twitter @Jordon_Cox or on Facebook.

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