CREDIT CARD

Quiz
•
Financial Education
•
University
•
Easy
Airani Natasha
Used 4+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one benefit of using a credit card?
Easy to get into debt
Provides a means for credit
Risk of fraud
Costs more money
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can a credit card help you get cash quickly?
Purchase protection
Cash advance
Interest charges
Annual fee
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens if you pay your credit card bill on time?
You pay interest
You get more credit
No interest charges
Risk of fraud
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is easier to use than cash?
Annual fee
Credit card
Interest charges
Risk of fraud
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What kind of protection does a credit card offer for your purchases?
Cash advance
Easier to use
Purchase protection
Interest charges
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a problem with using a credit card too much?
Easy to get into debt
Purchase protection
Easier to use
No interest charges
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is charged if you don't pay your full credit card bill?
Annual fee
Purchase protection
Interest charges
Easier to use
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