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Credit Card

Authored by Crystal Chan

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Professional Development

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Credit Card
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main difference between a debit card and a credit card?

Debit cards give travel rewards

Credit cards take money directly from the bank account

Debit cards require a monthly fee

Credit cards let you pay later

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a popular credit card company?

Netflix

Visa

Spotify

PayPal

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can a person do if they can’t pay the full credit card balance?

Use cash instead

Make a minimum payment and pay interest

Return the items they bought

Close the card immediately

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens if you don’t pay your credit card in full?

You lose your card

You must get a new credit card

You pay interest on the balance

You can’t use it again

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one type of reward credit cards offer?

Bank account insurance

Grocery discounts only

Free phones

Travel points or cash-back

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an annual fee?

A fee paid to a store

A yearly cost to keep the credit card

A bonus payment from the credit card

A reward for using the card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sentence is TRUE?

All credit cards are free

Some credit cards charge a yearly fee

You can only get a credit card if you are rich

Debit cards give travel points

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