Students can take advantage of various banking services tailored to their needs. Credit cards offer the convenience of quick payments, though they come with the risk of accruing debt due to high-interest rates.
Student Loans at TD are good as they provide enough to pay for any money complications that would arise from going to collage/university. Money will have to be payed back and will drum up debt.
Student Benefits;
Insurance
Monthly: Depends on insurance ($50-$1000)
Associated Fees:
Having insurance prepares you for any bad events
that may occur in your life that will cause damage to
valuable items.
Investments
One Time: You put in as much money
as you need
Investments are a fun and risky way to generate cash by
buying shares of company stock and profiting any of the advances.
Credit Cards for Students can give access to quick and easy payments anytime and anywhere they need to go. This is useful for times in need where students need to buy things quickly. The only major downside being interest rates could cause debt.
Student Beniefits:
Savings
Associated fees:
With a Savings account students can
add small amounts of money each
time they deposit money into there
chequing account and save up there
money for something they want.
Student Benefits:
Chequing
Monthly: Free
Associated Fee's:
Students would benefit from a Chequing account
as they will have a place to hold all of there cash
without paying any interest on it. Also Students
are able to deposit and withdraw at anytime