Friday, 26 November 2021

Sangster's math class Nov 26

 Student Saving Accounts

If you are a student, from age 12 to University level (around age 23), you are entitled to use a student account.  Take a look at this link

https://www.ratehub.ca/blog/best-student-bank-account-canada/

 

Activity 2: Use the information from this page complete the following table

 

Bank or institution

Fees

Sign up Promotion

Monthly Transactions

Interac e-transfer

Other information

Scotia Bank

 

None

5000 Scene Pts

 

 

More than 3400 ATM

- free debit card

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Which account will you choose?  Give three reasons for your choice.

1) My parents bank with TD, so they open an account for me

 

2) There are quite a few ATM machines in the area

 

3) There are more branches in the city and many have extended hours (open till 8pm on Thurs  and Fri) and open during the weekends

 

 

Something to consider:

-       Save regularly, and it really doesn’t matter how much you deposit in the bank account

-       Can be as little as $10 per deposit

-       PLEASE DO NOT WRITE THE PIN ON THE BACK OF YOUR CARD

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