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Quiz2

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

In the context of credit limits, what does RLI stand for?

a)

Regular Loan Investment

b)

Reactive Line Improvement

c)

Real Limit Indicator

d)

Reactive Limit Increase

2.

Which of the following is not an outcome of a Reactive Limit Increase decision?

a)

Full limit increase

b)

Partial limit increase

c)

Limit placement

d)

Upgraded card

3.

In which year did Amex acquire the company which was later rebranded as BLOC

a)
  1. 2022

b)
  1. 2020

c)
  1. 2021

d)

2024

4.

What is the maximum line you can get if you apply for BLOC?


a)
  1. 250K

b)

1 million

c)
  1. 150K

d)

200k

5.

Which of the following principles are considered during assigning a credit limit?

a)

Customer’s ability to pay

b)

Competitive Limit

c)

Customer experience

d)

All of the above

6.

If a customer reaches out to Amex for line increase, then it’s necessary to disclose the reason to them if we do not provide the requested credit limit

a)

True

b)

False

7.

When merchant fails to deliver promised products, who bears the responsibility?

a)

Merchant

b)

Acquirer

c)

Issuer

d)

Card Member

8.

Which one of the following is an important merchant risk metric?

a)

Merchant Exposure

b)

Merchant CDSS

c)

Merchant ADSS

d)

Merchant Coverage

9.

A customer attempts a $10 transaction at a merchant that has been blocked from doing any transactions. What action does Amex take?

a)

Approve the transaction since it’s a small amount

b)

Decline the current transaction 

c)

Ask the customer to try again later

d)

Send an approaching limit reminder

10.

A card member has been observed to spend abruptly, resulting in high abuse scores. What do you think Amex should do in this case?

a)

Decline all future transactions

b)

Increase the customer’s limit to adjust

c)

Call the PA (Program Administrator) to verify the spend 

d)

Send an approaching limit ICN