Question

David is a high school senior who wants to open a checking account. He won't need to write many checks, but he would like access to ATMs without paying extra fees. He will be able to maintain a balance over $25.

Gather information about two checking accounts that are appropriate for him. Review information on bank Web sites, call banks, or visit a bank. Track the information in a table like the one shown below.

Compare the information and decide which checking account is best for David. Write your answer in the text box provided.
Checking Account 1 Checking Account 2
How much money do I need to open the account?
How much do I have to keep in my account to avoid fees?
What are the fees for bounced checks?
How many checks can I write before extra fees are charged?
How many withdrawals can I make each month?
Does this account pay interest?
Does an ATM or debit card come with this account?
Will I be charged to use the ATM or debit card at this bank?
Will I be charged to use the ATM or debit card at another bank?
Are there any other fees?

Answer 1

@aiden3j