Basic bank account
• For managing day-to-day money. • Allows you to receive money, e.g. ages
or benefits.• Can pay bills by direct debit. • You will usually get a cash card (ATM card)
but not always a debit card.
Question: What is the difference between a cash card and a debit card?
Banking PowerPoint Money Works: Level 1 Topic 1
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Current account
• Also for managing your day-to-day money. • More features than a basic bank account. • Usually comes with a cheque book and
guarantee card, and a debit card.• May allow you to have an overdraft and a
credit card.
Question: What is the difference between an overdraft and a credit card?
Banking PowerPoint Money Works: Level 1 Topic 1
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