Choosing a Checking Account
2020.10.08 9:31 am - 10:14 am
Teaching point: What features should you consider when choosing a checking account?
Do Now
Do Now
Type your responses in the Padlet. Comment on someone else's response if you would like.
Type your responses in the Padlet. Comment on someone else's response if you would like.
- Do you have your own checking account already?
a. If so, how or why did you choose your specific account?
a. If so, how or why did you choose your specific account?
b. If not, what factors do you think are most important in selecting a account?
b. If not, what factors do you think are most important in selecting a account?
Agenda
Agenda
Do now: Check in (5 - 10 min)
Do now: Check in (5 - 10 min)
Online and Mobile Banking Security Tips (10 Minutes)
Online and Mobile Banking Security Tips (10 Minutes)
How to Open a Checking Account: Before You Apply (10 - 15 minutes)
How to Open a Checking Account: Before You Apply (10 - 15 minutes)
Five Questions to Ask When Choosing a Bank (10 - 15 minutes)
Five Questions to Ask When Choosing a Bank (10 - 15 minutes)
How to Open a Checking Account: Before You Apply
How to Open a Checking Account: Before You Apply
Read the “Before You Apply” section of this article for some factors you’ll want to consider before opening your first checking account or switching to an account that will work better for you. Then, answer the questions in your notebook. Be ready to discuss.
Which cost factors are most important to you, personally?
What non-cost features are you looking for in a checking account?
A friend says, “Eh, I’ll just open an account at my parents’ bank, and I’ll switch later if I don’t like it.” Does this sound like a good strategy to you? Why or why not?
Jump into groups and discuss.
