Homework 3 - Bank Accounts

Which of these is a good use for a bank account?

• To keep your money secret from your parents

• To apply for food rations

• It means your salary can be paid into it

Which of these services is not offered by a bank account?

• Overdrafts

• Direct Debits

• Standing Orders

• National Insurance

Which of these describes interests in relation to a bank?

• If I care about something

• My hobbies

• Money I have to pay the bank to keep my savings safe

• Money that I receive from the bank based on how much money I have in my account

Which of these is NOT a reason you should regularly check your bank account?

• To see if you got any interest

• To find out the football scores.

• To see if there is any fraudulent activity

• To see how much money you have and what you can afford

More and more people use online banking rather than going into a branch. Is the following statement an advantage of online banking, or an advantage of going into the branch.

You can deposit physical cash

• Advantage of online banking

• Advantage of banking in the branch

More and more people use online banking rather than going into a branch. Is the following statement an advantage of online banking, or an advantage of going into the branch.

You can do it from the comfort of your own home

• Advantage of online banking

• Advantage of banking in the branch

More and more people use online banking rather than going into a branch. Is the following statement an advantage of online banking, or an advantage of going into the branch.

You can check your balance from anywhere

• Advantage of online banking

• Advantage of banking in the branch

More and more people use online banking rather than going into a branch. Is the following statement an advantage of online banking, or an advantage of going into the branch.

You may find it easier to ask follow up questions if you don't understand something

• Advantage of online banking

• Advantage of banking in the branch

More and more people use online banking rather than going into a branch. Is the following statement an advantage of online banking, or an advantage of going into the branch.

You will spot fraudulent activity more easily

• Advantage of online banking

• Advantage of banking in the branch

Which of these is the name of a High Street Bank?

• Bank of Scotland

• Bank of England

• Bank of United Kingdom

• Bank of Kirkintilloch

• Bank of the River Thames