DO NOW:  Take packet:  Review the bank statement on page 3 of the packet.  In your notebook: What items does a bank statement include?

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Presentation transcript:

DO NOW:  Take packet:  Review the bank statement on page 3 of the packet.  In your notebook: What items does a bank statement include?

Electronic BANKING Debit Cards, ATMs and Online banking

What is a Debit Card?  An electronic card issued by a bank which allows bank clients access to their account to withdraw cash or pay for goods and services  Connected to your checking or savings or both  When you use your debit card, an amount is deducted from your account  Using your card at an ATM may cost you fees

PARTS OF THE DEBIT CARD On the front: Bank Name Debit card number Date of issue Date of expiration Cardholder’s name Visa or Mastercard On the back: Magnetic strip Card verification code

How can the debit card be used?  The Visa Debit Card The Visa Debit Card Use at an ATM to get cash Use at a store to make a purchase Use online to make a purchase

Try Online Banking  Online banking demo Online banking demo

Using an ATM  Practice using an ATM Practice using an ATM  Complete an ATM transaction Complete an ATM transaction  ATM Safety Quiz ATM Safety Quiz