The topic of digital banking services and their impact has become increasingly relevant in recent years, making it a popular subject for IELTS Writing Task 2 essays. Based on past exam trends and the growing importance of digital finance, we can expect this theme to appear frequently in future tests. Let’s explore a sample question and analyze how to approach it effectively for different band scores.
Some people think that digital banking services have had a positive impact on society, while others believe they have caused more problems than benefits. Discuss both views and give your own opinion.
Analyzing the Question
This question requires a balanced discussion of both positive and negative impacts of digital banking services on society. It’s crucial to:
- Discuss advantages of digital banking
- Explore potential drawbacks
- Provide your personal opinion based on the arguments presented
Let’s examine sample essays for different band scores, focusing on structure, vocabulary, and argumentation.
Sample Essay for Band 8-9
Digital banking has revolutionized the way people manage their finances, sparking debate about its overall impact on society. While some argue that these services have brought numerous benefits, others contend that they have introduced more problems than advantages. This essay will explore both perspectives before presenting my own viewpoint.
Proponents of digital banking emphasize its convenience and accessibility. Mobile banking apps allow users to conduct transactions, check balances, and manage investments from anywhere, at any time. This has significantly reduced the need for physical branch visits, saving time and resources for both banks and customers. Moreover, digital services have improved financial inclusion, enabling those in remote areas or with limited mobility to access banking services that were previously out of reach.
On the other hand, critics argue that digital banking has introduced new risks and exacerbated existing inequalities. Cybersecurity threats have become a major concern, with hackers targeting online banking systems and compromising users’ financial data. Additionally, the rapid shift towards digital services has left behind those who are less technologically savvy, particularly elderly individuals who may struggle to adapt to new platforms. This digital divide could potentially marginalize vulnerable segments of society.
In my opinion, while digital banking services do present certain challenges, their benefits far outweigh the drawbacks. The convenience and efficiency they offer have transformative potential for individuals and businesses alike. However, it is crucial for financial institutions and governments to address the associated risks proactively. This includes implementing robust security measures, providing comprehensive digital literacy programs, and ensuring that traditional banking options remain available for those who need them.
In conclusion, digital banking services have undoubtedly had a significant impact on society. By acknowledging both their advantages and potential pitfalls, we can work towards maximizing the benefits while mitigating the risks, ultimately creating a more inclusive and efficient financial ecosystem for all.
(Word count: 309)
Digital banking services impact on society
Band 8-9 Essay Analysis
This essay demonstrates excellent coherence, cohesion, and vocabulary use, key factors in achieving a high band score:
Structure: The essay follows a clear four-paragraph structure, introducing the topic, discussing both views, presenting a personal opinion, and concluding effectively.
Vocabulary: Advanced vocabulary is used appropriately throughout, such as “revolutionized,” “contend,” “exacerbated,” and “marginalize.”
Argumentation: The essay presents balanced arguments for both sides before offering a nuanced personal opinion.
Coherence and Cohesion: Ideas flow logically, with effective use of linking words and phrases like “moreover,” “on the other hand,” and “however.”
Task Response: All parts of the question are fully addressed, including both views and a clear personal opinion.
Sample Essay for Band 6-7
Digital banking services have become very popular in recent years. Some people think they are good for society, while others believe they cause more problems. This essay will discuss both sides of this issue.
There are several advantages of digital banking. Firstly, it is very convenient. People can check their bank accounts and make payments using their smartphones anytime and anywhere. This saves a lot of time compared to going to a physical bank. Secondly, digital banking can help people in rural areas who don’t have easy access to bank branches. They can now use banking services without traveling long distances.
However, there are also some drawbacks to digital banking. One major problem is security. Hackers can steal people’s money and personal information through online banking systems. This makes some people afraid to use digital banking services. Another issue is that older people or those who are not good with technology may find it difficult to use these services. They might feel left out or frustrated.
In my opinion, I think digital banking services are generally positive for society. The benefits of convenience and accessibility are very important. However, banks need to make their online systems more secure and provide help for people who are not comfortable with technology.
To conclude, digital banking has both advantages and disadvantages. While it offers great convenience, there are concerns about security and accessibility for some groups. Overall, I believe the positive aspects outweigh the negatives if proper measures are taken to address the problems.
(Word count: 268)
Band 6-7 Essay Analysis
This essay demonstrates good command of English but lacks some of the sophistication of the higher band essay:
Structure: The essay has a clear structure with an introduction, body paragraphs discussing both views, a personal opinion, and a conclusion.
Vocabulary: The vocabulary used is generally appropriate but less varied and sophisticated compared to the Band 8-9 essay.
Argumentation: Both views are presented, but the arguments are less developed and lack some depth.
Coherence and Cohesion: The essay uses some basic linking words like “firstly,” “secondly,” and “however,” but could benefit from more varied cohesive devices.
Task Response: All parts of the question are addressed, but the discussion could be more comprehensive.
Key Vocabulary to Remember
- Digital banking (noun) – /ˈdɪdʒɪtl ˈbæŋkɪŋ/ – Banking services provided through digital platforms
- Cybersecurity (noun) – /ˌsaɪbəsɪˈkjʊərəti/ – The practice of protecting systems and networks from digital attacks
- Financial inclusion (noun phrase) – /faɪˈnænʃl ɪnˈkluːʒn/ – The availability and equality of opportunities to access financial services
- Marginalize (verb) – /ˈmɑːdʒɪnəlaɪz/ – To treat a person or group as insignificant or peripheral
- Exacerbate (verb) – /ɪɡˈzæsəbeɪt/ – To make a problem or situation worse
- Proactive (adjective) – /prəʊˈæktɪv/ – Acting in anticipation of future problems, needs, or changes
- Digital literacy (noun phrase) – /ˈdɪdʒɪtl ˈlɪtərəsi/ – The ability to use digital technology and the internet effectively
Digital literacy program for elderly
Conclusion
Understanding the impact of digital banking services is crucial for success in IELTS Writing Task 2. By analyzing these sample essays, you can see how to structure your response, use appropriate vocabulary, and present balanced arguments. Remember to practice writing your own essays on this topic, considering different perspectives and potential future developments in digital finance.
For additional practice, consider writing essays on related topics such as:
- The role of blockchain technology in banking
- The future of physical bank branches in a digital age
- The impact of digital banking on financial literacy and education
We encourage you to write your own essay on the given topic and share it in the comments section below. This active practice will help you improve your writing skills and prepare effectively for the IELTS exam.