Courses/CELPIP Vocabulary & Collocations Kit/Shopping & Money - Banking, Debit/Credit & E-Transfers

#29. Shopping & Money - Banking, Debit/Credit & E-Transfers

Words (Core Vocabulary)

  • chequing account / savings account
  • debit card / credit card / credit limit / APR (interest)
  • statement / due date / minimum payment / balance
  • e-Transfer (Interac) / Autodeposit / security question
  • void cheque / direct deposit / pre-authorized debit (PAD)
  • institution number / transit number / account number
  • pending / posted / hold period / NSF (non-sufficient funds)
  • overdraft / overdraft protection / fee
  • ATM / surcharge / withdrawal / deposit
  • chargeback / dispute / fraud alert

Phrases (Open → use → fix issues)

Opening/changes

  • I’d like to open a chequing and savings account.
  • Could you set up direct deposit for my pay?
  • I need a void cheque with my institution, transit, and account numbers.

Day-to-day

  • Can I increase my e-Transfer limit?
  • Please enable Autodeposit so funds go directly into my account.
  • Could you waive this ATM surcharge/fee?

Issues

  • There’s a pending charge I don’t recognize—how do I dispute it?
  • A cheque is on holdwhat’s the release date?
  • I missed the credit card due datewhat are my options to avoid extra interest?

Contextual Examples (Natural, everyday)

  • Payroll: Here’s my void cheque for direct deposit setup.
  • Transfer: I sent an e-Transferdid you get the Autodeposit confirmation?
  • Dispute: I’d like to open a dispute for this duplicate chargecase number, please.

Collocations & Phrases (bold the key words)

Accounts & pay

  • set up direct deposit
  • authorize a pre-authorized debit
  • transfer between accounts
  • download a statement

Cards & limits

  • increase a credit limit
  • freeze a card
  • replace a lost card
  • enable tap/online payments

e-Transfers

  • send/receive an e-Transfer
  • enable Autodeposit
  • cancel a pending transfer
  • resend a notification

Issues

  • file a chargeback
  • report fraud
  • lift a hold
  • reverse an NSF fee (if bank agrees)

Canadian Cultural Context (How to sound natural & polite)

  • Interac e-Transfer is widely used; Autodeposit reduces phishing and failed answers.
  • Holds on cheques or large deposits are common; ask for the expected release.
  • Keep an eye on due dates—credit cards accrue interest on carried balances.

Extra Mini-Patterns (plug-and-play)

  • Limits: Could you increase my daily e-Transfer limit and enable Autodeposit?”
  • Hold: This deposit is on holdwhen will it post to available funds?”
  • Dispute: I need to dispute a duplicate chargeplease provide a case number.”
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