Consumer.gov Lesson Materials: Opening a Bank Account



Partner Talk: Opening a Bank Account(Low Intermediate and Above)Teacher: Edit this handout to include only the 10-12 words you need or want to emphasize with your learners.WordExample SentencePartner Talk SentenceaccountKeep your money safe in a bank account.ATM (automated teller machine)You can use your debit card to get money at the ATM.avoidTry to avoid paying fees.balanceThe balance is the amount of money in your account.bankA bank is a place to keep your money.cash (a check)If you need money, you can cash a check at your bank.chargeSome banks charge for their services.checkYou can write a check to pay your bill.checking accountUse your checking account to pay your bills.credit cardSome banks offer credit card services.credit unionA credit union is a place to keep your money.debit cardYou might get a debit card with your checking account.depositPutting money into your account is called adeposit.direct depositDirect deposit puts your paycheck directly into your bank account.emergencyYou need to save money for emergencies.feeAsk what fees you will have to pay.goalMy goal is to save more money.interestThis bank pays interest on savings accounts.loanThis bank offers loan services.minimum balanceThe minimum balance for this account is$500.money transferThis bank offers money transfer services.overdrawWhen you spend more money than you have, you overdraw your account.paycheckI put my paycheck in the bank.requiresThis bank requires a minimum balance of$100.savings accountUse a savings account to keep your money safe.serviceThis bank offers loan services.transferYou can transfer money from your savings account to your checking account.withdrawalTaking money out of your account is called a withdrawal.wire (money)You can wire money at the credit union. ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download