6 Questions
I deposited my paycheck directly into my ______ account to cover monthly bills.
chequing
She transferred a portion of her income into a ______ account to build her emergency fund.
savings
I sent an e-transfer to split the dinner bill with my friend using ______ banking or mobile banking apps.
online
Through ______ banking, I scheduled my utility bill payments for the month.
online
A loan specifically for purchasing real estate, where the property acts as collateral until the loan is repaid.- They secured a ______ with a competitive interest rate to buy their first home. - Refinancing a ______ can lower monthly payments or shorten the loan term.
mortgage
The percentage charged on a loan or paid on deposits over a specific period, usually one year.- The bank offered a low-______ for new car loans this quarter. - Savings accounts with higher ______s can significantly increase your savings over time.
interest rate
Test your knowledge about different types of bank accounts such as chequing and savings accounts. Learn about their features and uses.
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