Cover of The Two Savings Accounts

Marnie turned sixteen last month. She got her first real job at a shop. Now she wanted to open a bank account.

She walked into the bank near her house. A man at the desk smiled at her. His name tag said Fenwick.

"I want to save my money," Marnie said. "Can you help me?"

"Of course," Fenwick said. "We have two accounts for you."

He showed her the first account on his screen. "This one has no fees at all. You can take out cash any day."

Then he showed her the second account. "This one pays you a little extra each month. But you can only visit the bank once a week."

Marnie thought for a minute. She liked to buy small things on weekends. She also wanted her money to grow slowly.

"I take out cash a lot," she said. "The first account fits my life."

Fenwick nodded and printed some papers. Marnie signed her name three times. He gave her a new bank card.

"Welcome to the bank," Fenwick said. Marnie put the card in her wallet. She walked out and texted her mom the news.

🧠 Check your understanding

  1. Why does Marnie go to the bank?

    Show answer

    Answer: To open a bank account

    Marnie wants to save her money and opens a new account.

  2. Which account does Marnie pick?

    Show answer

    Answer: The account with no fees

    She takes out cash often, and the first account fits her life.

  3. What does Fenwick give Marnie at the end?

    Show answer

    Answer: A new bank card

    Fenwick prints some papers and gives her a new bank card.

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