Student Credit Card Application Quiz

Why is it beneficial for students to get a credit card?

• To have extra money to spend

• To build a credit history and learn money management

• To avoid paying rent

• To get discounts on all purchases

What should students focus on when choosing a credit card?

• The rewards program

• The color of the card

• Building credit and student-friendly terms

• The bank's location

What is a co-signer's role in a credit card application?

• To pay the bills for the student

• To provide additional income for the student

• To share the responsibility of the credit card

• To offer rewards points

What is a secured credit card?

• A card that doesn't require a credit check

• A card that offers high rewards

• A card that requires a deposit as collateral

• A card with no spending limit

How can students ensure they pay their credit card bills on time?

• By ignoring the due dates

• By setting up automatic payments or reminders

• By paying only the minimum amount

• By using cash instead