Credit Card Terms

Quiz
•
Other
•
9th - 12th Grade
•
Medium
Erin Niebrugge
Used 11+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Amount you pay yearly to have a credit card
Annual Percentage Rate
Annual Fee
Finance Charges
Over-the-Limit Fee
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest rate you are charged for carrying a balance
Annual Percentage Rate
Annual Fee
Over-the-limit fees
Finance Charges
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Highest amount that can be charged to your card without a penalty
Finance Charges
Introductory Rate
Minimum Payment
Credit Limit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The date your payment is due
Due Date
Introductory Rate
Finance Charge
Annual Percentage Rate
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Credit that can be used repeatedly (open)
Grace Period
Finance Charges
Revolving Credit
Nonrevolving Credit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest and all fees you pay in addition to the money borrowed
Finance Charges
Annual Fee
Introductory Rate
Over-the-limit Fee
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Time period before due date that you are allowed to pay your bill without paying interest
Due Date
Grace Period
Minimum Payment
Revolving Credit
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