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eLife Product Knowledge

Authored by Chris Hamada

Financial Education

Professional Development

Used 6+ times

eLife Product Knowledge
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum you can earn monthly?

~ $40.54

~ $5.00

No limit

~ $100.00

~ $51.50

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

There are certain minimum requirements to meet to earn any Interest.

True

False

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Select all that apply.

What are the qualifications to earn the Max interest rate?

Enrolled in Estatements

Make 10 or more debit transactions per cycle

Have at least 1 direct deposit, ACH withdrawal/Deposit, or HawaiiUSA online Bill Pay through the account per cycle

Keep at least $10,000.00 average daily balance in the account during the cycle.

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Elife checking accounts are charged a $5.00 monthly statement fee

True

False

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Choose all answers that apply. What other benefits does eLife have?

Up to $20.00 in ATM fees reimbursed.

Free ID theft protection

No foreign transaction fees

1 free box of checks per rolling calendar year

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Select all that apply

What are the rates/yeilds that the eLife pays?

5% APY

4.25% APY

0.01% APY

0.05% Dividend rate(split rate)

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Members are allowed to have more than one eLife checking account or rewards checking account?

true

false

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