Savings and Chequing

Save!  Save!  Save!  A Little Money Adds Up!

Smart cards

Smart cards, sometimes called “electronic wallets,” look like ABM cards, but they also include a microchip.

This minicomputer stores prepaid amounts for buying goods and services. A smart card can also store data about a person’s account balances, transaction records, insurance information, and medical history.

Uses for smart cards may expand in the future.

Choosing A Chequing Account

Name of bank:___________________________________

How far is it from your home:________________________

How far is it from your work: ________________________

Number of ABMs: ________________________________

Are your funds insured? ___________________________

Types of accounts offered that you are interested in:

___________________________________________________

Fees:

Must maintain a minimum daily balance of:_______________________________________

Must maintain an average daily balance of:_______________________________________

Monthly maintenance charge:_______________________

Overdraft fee: ___________________________________

Fee for printing cheques: __________________________

Fee for bouncing cheques:_________________________

Stop payment fee: _______________________________

Fee for certifying cheques:_________________________

Interest:

How much interest do you earn on your account?_______________________________________

How is it calculated?______________________________

Extra Services:

Can you transfer funds over the phone?_______________

Can you transfer funds over the Internet?______________

Do they offer bill payment over the phone?_____________

Do they offer an ABM card? ________________________

Do they participate in Direct Deposit?_________________