Understanding Credit Cards in 2024

What is one of the benefits of using a credit card with flexible rewards?

• Higher interest rates

• Travel points

• Limited credit

• No rewards

What is the welcome bonus for the Chase Sapphire Preferred® Card?

• $100

• $200

• $300

• $400

What is the purpose of a credit card with cash back?

• To increase debt

• To offset expenses

• To limit spending

• To charge higher fees.

Fill in the blank: The best credit card for travel rewards often offers ______ points.

• Cash

• Travel

• Shopping

• Dining

How many bonus points do you earn with the Chase Sapphire Preferred® Card after spending $4,000 in the first three months?

• 50,000

• 60,000

• 70,000

• 80,000

How many bonus points do you earn with the Chase Sapphire Reserve® after spending $4,000 in the first three months?

• 50,000

• 60,000

• 70,000

• 80,000

The Chase Sapphire Preferred® Card offers up to $300 in statement credits on Chase Travel℠ purchases within your first year. True or False?

• True

• False

The Chase Sapphire Reserve® offers up to $300 in statement credits on Chase Travel℠ purchases within your first year. True or False?

• True

• False

Which card is recommended for travel rewards beginners?

• Chase Sapphire Preferred® Card

• Chase Sapphire Reserve®

• Both

• Neither

What is the annual fee for The Platinum Card from American Express?

• $395

• $495

• $595

• $695