to bounce (a check)

Welcome to English as a Second Language Podcast number 537: Types of Bank Accounts.

This is English as a Second Language Podcast episode 537. I’m your host, Dr. Jeff McQuillan, coming to you from the Center for Educational Development in beautiful Los Angeles, California.

Our website is eslpod.com. Go there to download a Learning Guide for this episode that contains all of the vocabulary, definitions, sample sentences, additional definitions, cultural notes, comprehension questions, and a complete transcript of everything we say.

This episode is called “Types of Bank Accounts.” It’s a dialogue between Luiz and Iona, going through some of the common vocabulary we use when talking about the special arrangements or agreements you have with a bank when you give them your money. Let’s get started.

Luiz: Where are you going?

Iona: I’m going to the bank to open an account.

Luiz: What kind of account: a savings account, a checking account, or a CD?

Iona: Um, I’m not sure, but I’m sure someone at the bank can help me decide.

Luiz: You’ll also need to decide if you want an interest-earning account or not, and don’t forget to ask for free checking. Pick a bank that doesn’t have