Appreciate the range of online and mobile banking services available to help manage and fully utilize their checking account
Explain what direct deposit is, how they sign up for it, and why it could be beneficial
Use online bill pay
Understand the advantages and disadvantages of digital wallet payments such as Apple and Google Pay
Identify ways they can protect their checking account when using online and mobile banking
Complete the entire document and show work for full credit.
Appreciate the range of online and mobile banking services available to help manage and fully utilize their checking account
Explain what direct deposit is, how they sign up for it, and why it could be beneficial
Use online bill pay
Understand the advantages and disadvantages of digital wallet payments such as Apple and Google Pay
Identify ways they can protect their checking account when using online and mobile banking
Complete the entire document and show work for full credit.
Have you used online or mobile banking before?
If yes, what did you use it for and why?
If no, what has kept you from using it thus far?
In your own words, explain what direct deposit is. UCS
Out of the four benefits of direct deposit (safety, convenience, quick access to money, increased savings), which is the MOST compelling to you? Why? UCS
Do you already conduct your banking online or through your phone? If yes, which of these advantages do you find helpful? If no, which of these do you think you would find to be the most helpful? Why? UCS
In your own words, how does one get set up to use online bill pay? UCS
How is using a digital wallet payment similar to using a debit card? UCS
In what ways is Apple Pay more secure than using a debit card? UCS
What potential downsides do you see for using a digital wallet payment? UCS
When you open a checking account for the first time, you need to have each of these items EXCEPT…
Which of these best describes why you should make sure your bank is FDIC insured?
Which of the following would likely be LEAST important to a college freshman looking for a checking account?