Module 1: Understanding the importance of managing personal finance

Current accounts

 

Current accounts are the accounts people use to receive and spend money on a day-to-day basis.

There are different accounts for different customers.

Standard
This is the usual account. Most of these accounts are accompanied by a cheque book (on demand) and a debit card. An overdraft service can also be arranged.
Packaged/premium account
Premium accounts include more services and incur a fee. Examples of these additional services are travel insurance and car breakdown insurance.

Follow the link to see some examples of premium accounts:

Premium accounts

Basic
Simple, basic accounts are available for people who might have difficulty getting a standard account.
Student
Special banking services for university and college students.
You can read more about current accounts here:

Pause for thought

 

Check out the 'Save the Student' student account guide:

Which account would you choose and why?

Have you chosen the same or different accounts?