Online Credit Card Application Quiz

Why is having a credit card beneficial beyond just spending power?

• It eliminates the need for budgeting.

• It provides free money.

• It helps in building a credit history.

• It allows for unlimited spending.

What should you consider before starting an online credit card application?

• The popularity of the card issuer.

• The number of cards you already own.

• Your current financial situation.

• The color of the card.

What is a key factor to prioritize when choosing a credit card?

• The card's design.

• Terms that match your financial habits.

• The number of advertisements you see for the card.

• Perks and rewards.

What is a secured credit card?

• A card that doesn't require any personal details.

• A card with no spending limit.

• A card that offers the highest rewards.

• A card that requires an upfront deposit.

What is crucial for maintaining a healthy credit profile?

• Staying within your budget and making timely payments.

• Using multiple cards simultaneously.

• Ignoring payment deadlines.

• Only using cash for transactions.