finance topic 4
- Created by: rebekah-2001
- Created on: 19-03-18 09:34
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- topic 4- everyday banking
- different types of current accounts
- standard- 67%
- offer a full range of facilities such as receiving payment, cash card, debit card, online banking, it is free of charge unless you use an overdarft
- packaged 17%
- packaged accounts offer account holder extra benefits for a monthly fee
- benefits include discounts in stores,car breakdown cover
- packaged accounts offer account holder extra benefits for a monthly fee
- basic 9%
- suits people who wish to avoid borrowing such as those living on benefits. operated using cash cards or prepaid cards
- student 3%
- tailored to needs of a student, low-interest or no-interest over draft facility.
- premium 1%
- designed for wealthy customers. got to earn more than 75,000
- other 1%
- standard- 67%
- opening an account
- ant utility bill that is less than 3 months old
- council tax bill issued in the financial year
- medical card
- employers ID card
- social security book
- driving licence- issued in the uk
- different types of current accounts
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