City Custom Cash Credit Card Quiz

What is a key feature of the City Custom Cash Credit Card?

• It provides 5% cashback in the highest spend category each billing cycle.

• It offers 5% cashback in rotating categories.

• It has an annual fee.

• It requires a minimum spend of $1000 for cashback.

How are City ThankYou points converted to cashback?

• 1 point equals 0.5 cents.

• 1 point equals 1 cent.

• 1 point equals 1.5 cents.

• 1 point equals 2 cents.

Which of the following is NOT an eligible category for 5% cashback?

• Grocery stores

• Gas stations

• Restaurants

• Electronics stores

What is a strategic way to use the City Custom Cash Card?

• Use it only for online shopping.

• Use it for all purchases regardless of category.

• Use it for international travel to avoid fees.

• Use it exclusively in one of the 10 eligible categories each billing cycle.

How does the City Custom Cash Card compare to the Chase Freedom Flex?

• It has a higher annual fee.

• It is less flexible in terms of spending categories.

• It offers predetermined categories for cashback.

• It allows cardholders to choose their highest spend category for cashback.

What is the current welcome bonus for the City Custom Cash Card?

• 10,000 points after spending $500 in 3 months.

• 30,000 points after spending $1000 in 3 months.

• 20,000 points after spending $750 in 3 months.

• No welcome bonus is offered.

What is a downside of the City Custom Cash Card?

• It offers no cashback on groceries.

• It charges a 3% foreign transaction fee.

• It requires a high credit score for approval.

• It has a high annual fee.

What is the Chase 524 rule?

• A rule that applies only to City credit cards.

• A rule that limits cashback to 5% on all purchases.

• A rule that requires a minimum spend of $524 for bonuses.

• A rule that denies new Chase credit cards if five or more accounts are opened in 24 months.

Why might someone prioritize welcome bonuses over everyday spending rewards?

• Welcome bonuses are harder to achieve.

• Everyday spending rewards are more valuable.

• Everyday spending rewards are more consistent.

• Welcome bonuses often provide a higher return on spend.

Who might benefit most from the City Custom Cash Card?

• Someone who prefers fixed cashback categories.

• Someone who doesn't use credit cards often.

• Someone who wants a no annual fee card with flexible cashback options.

• Someone who frequently travels internationally.