Methods of Payment

The term 'plastic money' refers to

• Cheques

• Bank Transfers

• Credit cards and debit cards

• Euro notes

One action you CANNOT do through the ATM is

• Request a statement of your account

• Deposit a cheque

• Withdraw cash

• Apply for a loan

EPOS stand for... (type in small letters)

(a)  

Your debit or credit card is safe because

• the PIN number is requested everytime you use it

• it is colourful

• you keep it hidden from people

• it cannot be used for online purchases

The SAVINGS account comes with a

• credit card

• debit card

• cheque book

• free gift

The CURRENT account comes with a

• credit card

• debit card

• cheque book

• free gift

TWO advantages of having a savings account is

• the bank pays you interest

• you will become rich

• you can buy everything you want

• your money is safe from thieves

A bank statement is

• a free discount voucher

• a gift

• a list of transactions (actions) done in your bank account

• a bill for you to pay

The credit card account is

• available for everyone

• an account in which you can save money

• an account which lets you borrow small amounts of money from the bank

• a children's bank account

To have a credit card account you need to (tick THREE answers)

• be at least 18 years of age

• have a full-time job

• be a Maltese citizen

• have worked full-time for at least one year