A3- current accounts Flashcards

1
Q

definition - current account

A

a bank account that allows you to manage your income and daily spending

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2
Q

definition - standard account

A

a bank account that allows you to make and recieve payments, much like a current account

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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

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4
Q

definition - premium account

A

a bank account that comes with a fee every month in return for additional perks ( travel, car, discounts)

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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

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