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| Question | Answer |
| Current Acount | Is the most common type of bank account and it is suitable for everyday needs. |
| Standing orders | These are payments that you can set up to be made from your account to another account on a regular basis |
| Direct debits | These are instructions given to your bank to allow certain companies |
| An overdraft | Allows you to spend more than you have in your account |
| Notice account | Must tell the bank or building society before you want to take money out of a notice account |
| Mortagages | Secured on the home that they are used to buy |
| APR | Annual percentage rate |
| AER | Method of comparing interest rates on savings |
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