A3- current accounts Flashcards
1
Q
definition - current account
A
a bank account that allows you to manage your income and daily spending
2
Q
definition - standard account
A
a bank account that allows you to make and recieve payments, much like a current account
3
Q
definition - basic account
A
type of current account for people who may not qualify for a standard account die to poor credit rating or factors
4
Q
definition - premium account
A
a bank account that comes with a fee every month in return for additional perks ( travel, car, discounts)
5
Q
definition - student account
A
a bank account designed for people in higher education. they come with adfition perks like free railcards, discounts in shops and added subscriptions