Studnet Banking : TD Canada Trust
Chequing
Associated Fee's:
Student Benifits:
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
Monthly: Free
Savings
Associated fees:
Student Benefits:
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.
Monthly: Free
Credit Cards
Associated Fee's:
Student Beniefits:
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.
Monthly Fees: $19 - $21
Interest Rates: Emerald - 1.50% 12.50%
Regular - 19.99% 22.99%
Investments
Associated Fee's:
Student Benefits:
Investments are a fun and risky way to generate cash by
buying shares of company stock and profiting any of the advances.
One Time: You put in as much money
as you need
Insurance
Associated Fees:
Student Benefits:
Having insurance prepares you for any bad events
that may occur in your life that will cause damage to
valuable items.
Monthly: Depends on insurance ($50-$1000)
Student Loans
Associated Fee's;
Student Benefits;
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.
Monthly: Depends on current Interest