Credit Card Strategy for Summer 2024

Credit Card Strategy for Summer 2024

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Jennifer Brown

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary reason for the narrator to add the City Strata Premiere card to their wallet?

To earn rewards on online shopping

To have a card with no annual fee

To get a signup bonus of 75,000 points

To earn cashback on groceries

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which card does the narrator use for grocery spending to maximize rewards?

City Custom Cash Card

Chase Sapphire Reserve

Built MasterCard

AMX Gold Card

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did the narrator decide to temporarily remove the AMX Gold Card from their wallet?

The card was not accepted at many places

The card had no travel benefits

The dining credits were not useful

The annual fee was too high

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What benefit does the Chase Sapphire Reserve offer that makes it the narrator's go-to travel card?

Primary car rental coverage

No foreign transaction fees

Free hotel stays

Unlimited lounge access

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the rotating category for the Chase Freedom Flex in the second quarter of 2024?

Dining

Travel

Online shopping

Gas stations

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the Chase Freedom Unlimited card help the narrator in their credit card strategy?

It offers the highest cashback on all purchases

It provides travel insurance

It helps in earning more Chase points

It has no annual fee

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main use of the Built MasterCard in the narrator's wallet?

To pay rent without transaction fees

To earn points on dining

To get discounts on travel

To earn cashback on groceries

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