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Basics Beginner: Choosing a Credit Card

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1.
Which of the following organizations offer credit cards?
Choose wisely. There is only one correct answer.
All of the above. There are thousands of banks, credit unions, and other organizations that offer credit cards.
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.
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True. Some cards do this periodically to get you to use them.
3.
When shopping for a credit card, you should evaluate several cards because ________.
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Their interest rates, fees, and other features differ. The knowledgeable credit card user can score great deals this way.
4.
It is possible to use a credit card to earn more than you pay on it.
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True. You can earn rewards while paying your balance in full each month and avoiding fees.
5.
Shopping for a good credit card deal is easy because there are only a few large organizations that offer credit cards.
Choose wisely. There is only one correct answer.
False. There are thousands of banks, credit unions, and other organizations that offer credit cards.