Choose wisely. There is only one correct answer to each question.
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1.
When shopping for a credit card, you should evaluate several cards because ________.
Their interest rates, fees, and other features differ. The knowledgeable credit card user can score great deals this way.
2.
If your credit card offers cash-back rewards and you have excellent credit, your credit card might raise your cash-back percentage for you.
True. Some cards do this periodically to get you to use them.
3.
Which of the following is not a factor in comparing credit cards?
None of the above. All are factors to be considered when comparison shopping for a credit card that best suits your needs.
4.
When comparing credit cards that charge annual fees against cards that do not, the annual fee cards are a bad deal.
False. Though some may be a bad deal for you, others may offer features that are advantageous to you.
5.
When you are in the market for a credit card, one of the best ways to do comparison shopping is to make use of _______.
The Internet. There are Websites that provide comparisons of different credit card programs, and many credit card providers use the Internet to make information about their programs easily available.