Credit Card

1

• Credit Card
• 101 Trivia

2
Credit Cards 101 Trivia
Final Trivia
Types of Cards Schumer Box Understanding the Bill Credit Card Knowledge
100 100 100 100
200 200 200 200
300 300 300 300
400 400 400 400
3
Types of Cards - 100

• Answer
• A flexible credit card account accepted
  for purchases anywhere made available by a
  financial institution.

4
Types of Cards - 100

• Question
• What is a bank credit card?

5
Types of Cards - 200

• Answer
• A high status credit card account which requires
  higher credit qualifications and offers special
  benefits.

6
Types of Cards - 200

• Question
• What is a prestige card?

 
7
Types of Cards - 300

• Answer
• A credit card account made available by a
  financial institution with the logo of a
  sponsoring organization.

8
Types of Cards - 300

• Question
• What is an affinity card?

9
Types of Cards - 400

• Answer
• An account which allows for customers to make
  credit card purchases at a particular retailer
  such as The Buckle or Old Navy.

10
Types of Cards - 400

• Question
• What is a retail credit card?

11
Schumer Box - 100

• Answer
• The amount of time, in days, allowed to the
  cardholder between the day the items are charged
  on the credit card and the day finance charges
  begin to apply.

12
Schumer Box - 100

• Question
• What is the grace period?

 
13
Schumer Box - 200

• Answer
• A fee charged once per year for
  credit card ownership.

14
Schumer Box - 200

• Question
• What is an annual fee?

15
Schumer Box - 300

• Answer
• The interest rate charged to the cardholder
  on the amount borrowed in terms of
  dollars per year.
•  

16
Schumer Box - 300

• Question
• What is the annual percentage rate?

17
Schumer Box - 400

• Answer
• The method used to determine the balance for
  which finance charges are accumulated.

18
Schumer Box - 400

• Question
• What is the balance calculation method?

19
Understanding the Bill - 100

• Answer
• The maximum amount of charges allowed to an
  account.

20
Understanding the Bill - 100

• Question
• What is a credit line?

21
Understanding the Bill - 200

• Answer
• The specified day by which the company requires
  payment to be made.

22
Understanding the Bill - 200

• Question
• What is the due date?
•  

23
Understanding the Bill - 300

• Answer
• All of the transactions which occur with the use
  of a credit card. Charges add to the account
  balance, while payments and credits subtract from
  the balance.

24
Understanding the Bill - 300

• Question
• What are the charges, payments,
  and credits?

25
Understanding the Bill - 400

• Answer
• The minimum amount to be paid.

26
Understanding the Bill - 400

• Question
• What is the minimum payment due?

27
Credit Card Knowledge - 100

• Answer
• The act which requires credit institutions to
  list the costs of credit cards.

28
Credit Card Knowledge - 100

• Question
• What is the Federal Truth in Lending Act?

29
Credit Card Knowledge - 200

• Answer
• Pre-approved credit which can be used for the
  purchase of items now and the payment of them
  later.

30
Credit Card Knowledge - 200

• Question
• What is a credit card?

 
31
Credit Card Knowledge - 300

• Answer
• A fee charged for a cash withdrawal
  from a credit card account.

32
Credit Card Knowledge - 300

• Question
• What is a cash advance transaction fee?

33
Credit Card Knowledge - 400

• Answer
• A fee charged when the cardholder does not make
  the minimum monthly payment by
  the due date.

34
Credit Card Knowledge - 400
Question What is a late payment fee?
35

• Final
• Trivia

36
Final Trivia

• Answer
• The Latin word meaning I believe.

37
Final Trivia

• Question
• What is credo?