wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

What is Credit Card?

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What did Timothy do when he first received his credit card?

a)

a. buy Gamestation 3

b)

b. ask Moby whether it is legal

c)

c. sign behind the credit card

d)

d. pay the balance

2.

Buying stuff with credit cards is kind of like having a _________________

a)

special price

b)

special promotion

c)

special loan

d)

special relationship

3.

Who are the credit providers? (Tick 2 answers)

a)

banks

b)

business companies

c)

parents

d)

credit card companies

4.

The amount of money the credit providers allow us to spend is called __________

a)

credit limit

b)

balance

c)

credit card

d)

interest

5.

What are the information that you DO NOT get after scanning the credit card?

a)

User's name

b)

User's account number

c)

User's marital status

d)

User's credit limit

6.

What the cashier should do if the scanner to scan the credit card doesn't work?

a)

Type the number in front of the card

b)

Type the amount of money the customer has spent

c)

Type a complaint

d)

Ask the customer to pay using cash

7.

The purchases the customer has made on the card and the total amount of money he/she owns is called _______________.

a)

credit card provider

b)

credit limit

c)

balance

d)

interest

8.

If the customer pays full balance by the due date every month, he/she doesn't have to pay _____________.

a)

credit limit

b)

balance

c)

interest

d)

anything

9.

If the customer didn't pay at least the minimum payment for the balance, he/she will be charged with ___________

a)

credit limit

b)

balance

c)

interest

d)

late fee

10.

If the customer is late with a couple of payments, what will happen?

a)

The credit limit will increase a lot

b)

The interest rate goes way up

c)

The complaint will be received

d)

The fine will be charged