4.1 Listen again, fill in the gaps, make up a similar dialogue.

Bank employee: Good morning. Can I help you?

Chris: Yes. My name is Chris Brown. I have an account here and I’d like to __________ for a credit card.

Bank employee: Fine. Can you give me your _________ __________ and let me check your __________ with us?

Chris: Here it is. I’ve had an account here for the last ______ years.

Bank employee: I see. Well, from what I see here, Chris, your credit ___________ is good – just one small loan that was paid back on time. Of course, you know that as a student there are some _____________ on the type of the credit card you can have.

Chris: Yes, I am aware of it. But I really need a card for _________ _________ _________ and things like that.

Bank employee: Okay, well, the first thing to do is _________ _________ this form. Then, I have to give it to the __________ for his _________. But that shouldn’t be a problem.

Chris: Great. Now, can you explain about the different __________ __________ that are available?

Bank employee: Certainly. You can choose to make a _________ payment each month on what you owe on the card, or you can pay the balance in full each month, or you can pay a ________ __________ in equal payments at fixed intervals. Personally, I would recommend making a _______ _______ each month on what you owe.

Chris: Fine. But what about the ________ and ________ ________ on the card. I heard they can be quite high.

Bank employee: Our bank charges a fixed _________ ________ of $ _____ for using the card. If you don’t pay the minimum amount due within the given time limit, the ________ ______ here is _______ %. The most important thing is to pay off the minimum amount on time.

Chris: Okay, well let’s set it up so that the minimum amount due is ___________ __________ from my _________ account.

Bank employee: Certainly. So, if you could just fill out this…..

5. Reading. Read the text and explain the words in bold. A Deposit Account

A deposit account is a current account, savings account, or other type of bank account, that allows money to be deposited and withdrawn by the account holder. These transactions are recorded on the bank's books. The resulting balance is recorded as a liability for the bank, and represents the amount owed by the bank to the customer. Some banks charge a fee for this service. Others may pay the customer interest on the funds deposited.

A deposit account held at a bank for the purpose of securely and quickly providing frequent access to funds on demand is a checking account. Because money is available on demand these accounts are also referred to as demand accounts or demand deposit accounts.

Savings accounts are accounts maintained by retail banks that pay interest but cannot be used directly as money (for example, by writing a cheque). Although savings accounts are not as convenient as checking accounts, they let customers keep liquid assets while still earning a monetary return.

A deposit account with a high rate of interest, and short notice (or no notice) required for withdrawals is money market deposit account.

A money deposit at a banking institution that cannot be withdrawn for a preset fixed 'term' or period of time is known as time deposit. When the term is over it can be withdrawn or it can be rolled over for another term. Generally speaking, the longer the term the better the yield on the money.