Credit Card Disclosure Worksheet

1. What is the annual percentage rate (APR) for this credit card?

• 14.99%

• 17.99%

• 22.99%

• 28.99%

Tags

CCSS.7.RP.A.3

2. For cash advances, what is the APR?

• 14.99%

• 17.99%

• 22.99%

• 28.99%

Tags

CCSS.7.RP.A.3

3. What three reasons would raise your APR to 28.99%? Click all that apply.

• make a late payment

• Go over the credit limit

• Make a payment that is returned

• Do not use your credit card for 6 months

4. What is the annual fee that customers are charged for holding this credit card?

• $20

• $5

• $45

• $75

Tags

CCSS.7.RP.A.3

5. If you decided to transfer the balance from another credit card to this credit card, what would be the fee charged?

• 3% of the amount of the transaction

• $5 or 3% of the amount of the transaction, whichever is greater

• $5

• 2% of each transaction

Tags

CCSS.6.RP.A.3C

6. What would be the APR charged for the transferred balance?

• 14.99%

• 17.99%

• 22.99%

• 28.99%

Tags

CCSS.7.RP.A.3

7. What is the fee for a cash advance?

• $5 or 3% of the amount of each cash advance, whichever is greater

• $5

• 3% of the amount of each cash advance

• 2% of each cash advance

Tags

CCSS.6.RP.A.3C

8. If you use this credit card in a foreign country, what would be the fee on each transaction you make in the foreign country?

• 3% of each transaction in foreign dollars

• 5% of each transaction in U.S. dollars

• 2% of each transaction in foreign dollars

• 2% of each transaction in U.S. dollars

Tags

CCSS.6.RP.A.3C

9. If you are late making a payment and have a balance of $2,235.23, what would be the fee charged?

• $35

• $29

• $45

• $5

Tags

CCSS.6.NS.B.3

10. What would be the fee charged if you went over your credit limit?

• $29

• $35

• $45

• $75

Tags

CCSS.7.EE.B.3