Types of Current Accounts

0.0(0)
studied byStudied by 0 people
0.0(0)
full-widthCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/3

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

4 Terms

1
New cards

Standard Account

Provides full everyday banking services, including a cheque book, debit card, easy access to money, and an authorised overdraft

2
New cards

Packaged/Premium Account

Usually has an annual fee but offers extra perks like discounted insurance, no-fee overdrafts, or priority access to events

3
New cards

Basic Account

Offers limited features, often held by those with no or poor credit history in the UK

4
New cards

Student Account

Designed for young people/students to manage money responsibly; may include bonus features like interest-free overdrafts