Search Header Logo

Intro to Credit Cards

Authored by Steven Howard

Professional Development

9th - 12th Grade

CCSS covered

Used 1+ times

Intro to Credit Cards
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Benefits of credit cards include:

safe and convenient, bonuses are offered
allows you to build a positive credit report
needed for reservations and online shopping
all of these

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The maximum amount you may borrow on a credit card is known as:

creditworthiness
credit report
credit limit
variable rate of credit

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can you avoid paying interest fees on your credit card?

Only use it for groceries
pay off the full balance, on time, each month
you cannot avoid interest fees
only use Discover

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The cost of borrowing money is referred to as 

Interest 
Annual Percentage Rate 
Credit 
Credit Line 

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The least amount that must be paid on a credit card each month is

Late Fee
Credit Limit
Payment amount
Minimum Payment

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You have a choice between two credit cards: American Express 8.99% or Chase Sapphire 12.99%. Which card offers the better rate?

American Express
Chase Sapphire
Neither
All of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Only making the minimum payment on a credit card every month will:

lower the amount total paid for the purchase
make you independently wealthy
take longer to pay off which will result in paying more interest, more money!
pay off the credit card faster

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?

Discover more resources for Professional Development