U22 Credit Card Quiz

12 Questions | Total Attempts: 51

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U22 Credit Card Quiz


Questions and Answers
  • 1. 
     
    • A. 

      Convenience - no need to carry cash around

    • B. 

      Fraud protection - some credit cards offer fraud protection, and if fraud does occur it will not affect your cash / checking account

    • C. 

      It's free money, you never have to pay it back.

    • D. 

      Building up your credit to purchase big ticket items in the future

    • E. 

      Rewards - some credit cards offer cash back rewards or gift cards based on your purchases

  • 2. 
    • A. 

      True

    • B. 

      False

  • 3. 
     
    • A. 

      House / Condo

    • B. 

      Cell phone

    • C. 

      Car / Truck

    • D. 

      Boat

    • E. 

      Mp3's

  • 4. 
    • A. 

      Mark your payment due date on a calendar

    • B. 

      Enroll in bill pay for your checking account so you can set up automatic payments each month, and sign up to receive electronic statements for your credit card bills.

    • C. 

      Write yourself a reminder on a piece of paper that can easily become lost

  • 5. 
    • A. 

      True

    • B. 

      False

  • 6. 
    • A. 

      True

    • B. 

      False

  • 7. 
    • A. 

      50%

    • B. 

      40%

    • C. 

      30%

    • D. 

      25%

  • 8. 
    • A. 

      True

    • B. 

      False

  • 9. 
    • A. 

      3 months

    • B. 

      1 year

    • C. 

      3 years

    • D. 

      6 years

  • 10. 
    • A. 

      Up to 1 year

    • B. 

      Up to 3 years

    • C. 

      Up to 5 years

    • D. 

      Up to 7 years

  • 11. 
    • A. 

      True

    • B. 

      False

  • 12. 
    Please insert your First Name, Last Name and E-mail address below:
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