Credit Cards
Flashcard
•
Life Skills
•
11th - 12th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
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24 questions
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1.
FLASHCARD QUESTION
Front
The least amount that must be paid on a credit card each month is
Back
Minimum Payment
2.
FLASHCARD QUESTION
Front
How can a cardholder avoid paying interest on a credit card?
Back
Pay the balance in full every month
3.
FLASHCARD QUESTION
Front
The credit company can charge interest if the credit card bill is not paid in full by the due date
Back
True
4.
FLASHCARD QUESTION
Front
It is best to pay more than the minimum due on your credit card.
Back
True
5.
FLASHCARD QUESTION
Front
It would be best to have a high credit score
Back
True
6.
FLASHCARD QUESTION
Front
Only making the minimum payment on a credit card every month will:
Back
take longer to pay off which will result in paying more interest, more money!
7.
FLASHCARD QUESTION
Front
You have a choice between two credit cards: American Express 8.99% or Chase Sapphire 12.99%. Which card offers the better rate?
Back
American Express
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