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You made a purchase this month and were charged interest on the purchase. To be charged interest on a purchase, you must carry a __________ on your card.
APR
balance
rewards programs
minimum payment
annual fee
make a late payment
penalty APR
establish a credit history
Your interest rate on your credit card may rise if you
APR
balance
rewards programs
minimum payment
annual fee
make a late payment
penalty APR
establish a credit history
To avoid paying interest on purchases, you should pay more than the
APR
balance
rewards programs
minimum payment
annual fee
make a late payment
penalty APR
establish a credit history
Some credit cards let you earn cash back or offer other kinds of
APR
balance
rewards programs
minimum payment
annual fee
make a late payment
penalty APR
establish a credit history
One benefit to having a credit card is that you can
APR
balance
rewards programs
minimum payment
annual fee
make a late payment
penalty APR
establish a credit history
__________ is expressed as a yearly rate.
APR
balance
rewards programs
minimum payment
annual fee
make a late payment
penalty APR
establish a credit history
You may be charged a __________ if you continually do not make your payments on time.
APR
balance
rewards programs
minimum payment
annual fee
make a late payment
penalty APR
establish a credit history
Regardless of whether or not you use your credit card, some credit card companies charge a(n)
APR
balance
rewards programs
minimum payment
annual fee
make a late payment
penalty APR
establish a credit history
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