Credit Card Comparison Quiz

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Which credit card offers the best interest rate?

Citibank, Visa
West Coast Credit Union, Master Card Platinum (correct)
Capital One, Visa Signature
American Express

Which credit card has the highest annual percentage rate?

Citibank, Visa
West Coast Credit Union, Master Card Platinum
Capital One, Visa Signature
American Express (correct)

What fee is the same for all the credit cards shown and how much is it?

Cash Advance Fee - 3% (correct)
Over-the-Foreign Limit Fee - 3%
Late Payment Fee - $35
Annual Fee - $75

Which credit card has the highest annual fee?

Capital One, Visa Signature (D) Signup and view all the answers

Which credit card do you think is the worst card to obtain? Explain why.

American Express (A) Signup and view all the answers

Which credit card has the lowest late payment fee?

West Coast Credit Union, Master Card Platinum (D) Signup and view all the answers

Which credit card has the highest cash advance fee?

Citibank, Visa (B) Signup and view all the answers

Which credit card has the lowest over-the-limit fee?

Capital One, Visa Signature (D) Signup and view all the answers

Which credit card has the highest foreign transaction fee?

American Express (C) Signup and view all the answers

Which credit card has no annual fee?

West Coast Credit Union, Master Card Platinum (D) Signup and view all the answers

Which one of these is the most correct?

Joe's current balance is $1000. (D) Signup and view all the answers

What is the total amount that Joe charged for this billing cycle?

Joe charged $1500 for this billing cycle. (B) Signup and view all the answers

How much did Joe pay for his last payment?

Joe paid $100 for his last payment. (D) Signup and view all the answers

Why was Joe charged $35 by the credit card company?

Joe was charged $35 for over-the-limit fee. (C) Signup and view all the answers

What is Joe's available credit?

Joe's available credit is $1500. (C) Signup and view all the answers

Match the following questions with their corresponding topic related to credit card statement: (Credit Card Statement)

What is the current balance that Joe Doe owes? = Account balance Why did you think the federal government requires that financial institutions place a “Total Minimum Payment Warning” on all credit card statements? = Financial regulations Did Joe take a cash advance on this credit card? = Cash advance transactions What is APR for purchases for this credit card? = Interest rates Signup and view all the answers

Match the following questions with their corresponding topic related to credit card usage: (Credit Card Statement)

What is the total amount that Joe charged for this billing cycle? = Billing cycle charges List the purchases that Joe made. = Transaction history When is the due date for Joe to make a payment? = Payment due date What is the minimum payment amount that Joe must make? = Payment requirements Signup and view all the answers

Match the following questions with their corresponding topic related to credit card fees and limits: (Credit Card Statement)

Why was Joe charged $35 by the credit card company? = Fees What is the credit limit that Joe has for this credit card? = Credit limit How much interest was Joe charged for this month? = Interest charges What is Joe’s available credit? = Available credit Signup and view all the answers